The recent news that a number of major fund groups have found their lead times on fund sales have increased reflects the trend we are seeing towards more advisers using our discretionary fund management (DFMs) and model portfolio services. So why is this change happening?
There are a number of measures advisers can use to assess investment managers performance. One of these, the Global Investment Performance Standards (GIPS), hit the headlines recently when Rathbones announced it was GIPS compliant. But what are GIPS, how do they compare
Thesis Asset Management has increased its exposure to defensive style equity funds to take advantage of what it says is the relative cheapness of the underlying stocks, particularly in the mega-cap sector.
Thesis Asset Management's latest hires are a continuation of ambitious expansion plans given it has already sailed through its target of £5bn in AUM by September this year.
