Income portfolios jump up the risk spectrum
Intermediaries are being urged to focus on total returns as the low-yield environment pushes income portfolios into higher risk categories.
Analysis
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Model portfolio risk labels ‘dangerously naive’
The Financial Conduct Authority has taken aim at risk-targeted model portfolios in its platforms study, which has sparked calls for platform providers to re-evaluate “subjective” branding and the amount of information they disclose.
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Pimco fund leaves Bill Gross exit in the dust
Pimco’s fixed income funds attracted more than double the inflows of rivals over the last decade despite significant outflows after Bill Gross’ departure.
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DFMs face safe haven dilemma on US trade war
Discretionary fund managers say asset classes rather than geographies will be the best source of safety if the US unleashes a full-blown trade war as Bank of England simulations show the geographic scope of rising tariffs.
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DFMs shunning digital are dead firms walking
Though it is still early days for the digitalisation of the wealth management industry, some commentators have argued that firms which aren’t investing in tech now may as well shut up shop.
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Industry demands a tougher regulator on Mifid II
The FCA has vowed to review Mifid II six months after it came into force, but industry figures believe it must stamp its authority on non-conforming firms and the unbundling of research costs if the directive is to be successful.
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Concerns advisers blindly buying into strategic bonds
The return of inflows into sterling strategic bond funds has raised concerns advisers are blindly allocating money into the sector without understanding it is not just a one-stop shop for outsourcing fixed income asset allocation.
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Industry ramps up relocation plans as Brexit nears
Luxembourg and Ireland are the top jurisdictions set to benefit from asset managers shifting operations to new locations over the next five years, according to a State Street survey.
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BoE scorned for brutal corporate bonds assessment
The Bank of England has been pilloried for its brutal assessment of the sterling corporate bond market given its role in driving yields so low.
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DFMs hindering trust take-up on platforms
Discretionary fund managers’ lack of willingness to use investment companies in model portfolios is hindering their adoption on advised platforms, according to the Lang Cat.
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Baillie Gifford funds go ‘bonkers’ riding the tech boom
Baillie Gifford funds have topped performance tables over a relatively volatile first six months of the year thanks to a high concentration of Fang stocks. But is riding the tech boom set to continue to deliver returns for investors?
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DFM behemoths blamed for widening trust discounts
Wealth managers have been accused of rapidly moving away from the investment trusts sector creating wide discounts in some parts of the market.
