is it worth engaging with the fsa
Today the FSA published guidance assessing the suitability of advisers using centralised investment propositions (CIPs) such as model portfolios or discretionary fund managers. Now it’s your turn to talk to them.
Today the FSA published guidance assessing the suitability of advisers using centralised investment propositions (CIPs) such as model portfolios or discretionary fund managers. Now it’s your turn to talk to them.
Outsourcing to discretionary managers is not an easy decision to make but it is invariably the right one – for the end investor at least.
Just like those pasties the politicians were trying a little too hard to enjoy this week, general sentiment towards UK consumer-facing businesses is lukewarm at best while our high streets remain a bit crusty around the edges.
Despite the fact we are well-versed in the ‘strong corporate balance sheets’, ‘growing populations’ and ‘changing demographics’ stories of emerging markets, there’s still an inherent lack of trust in the corporate governance standards of these economies.
When the tide comes in all boats rise, right? So, why then are so many people still seemingly anchored in the harbour?
The departure of Gary Shaughnessy as Fidelity’s UK managing director could not come at a worse time for the firm. In the year to the end of February it has seen total outflows of £1.8bn, with investor confidence in some of its flagship equity funds at a particular low.
It is not often that fund managers and intermediaries agree to the extent they are right now but at the moment there is a huge amount of consensus about the economic environment, resulting in remarkably similar asset class views.
APCIMS has come a long way in the past year, so why for some does it still represent the industrys stuffy stock broking past rather than its modern multi-asset future?
It’s no secret most absolute return funds have disappointed intermediaries, and their clients, by not fulfilling their aim of delivering returns above zero in any market conditions. But one fund has hit this target and it shouldn’t be punished for its peers’ transgressions.
The big news from todays Budget, from an economics perspective, is that UK inflation and unemployment are set to fall while the OBR has revised up its growth forecast. So, reasons to be cheerful?
Two pieces of research revealed in the past 24 hours show IFAs willing to up their allocation to UK equity trackers when they could be better off going down the active route.
Inevitably as D-day for the implementation of RDR creeps closer, research and reports discussing the impact of it become more and more frequent. So who’s shaping up to be the winner so far?