ARC: Wealth managers warming to equities but shun UK
While sentiment strongest on bonds, according to August investment manager survey
While sentiment strongest on bonds, according to August investment manager survey
Joe Knight and Liam Jones join the firm’s London office
For the majority of active or discretionary managers, adopting a “loser’s game” strategy will in general lead to above average returns for clients.
A ‘Fair Fee Formula’ designed by consultancy firm Asset Risk Consultants (ARC) has been released to help private clients decide if their discretionary fund manager offers value for money.
Asset Risk Consultants’ latest year-end estimates show its Private Client Indices returning negative figures across the board.
Alan Orchard is to leave Asset Risk Consultants at the end of this year after just a few months with the firm.
According to Asset Risk Cosnutlants, private client portfolios lost more money in Q3 2011 than in any other quarter since its records began.