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The magazine is heavily focused on our Better Business section, which supports advisers in the run-up to RDR and beyond, and Investment.
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Comments
Don't be silly.
I think they are a bit blind to what is happening in the industry. Poor returns, high costs, bad service and endless paper work mean advisers are now shifting to index replication for a lot of clients and managing the asset allocation via Platforms. The active managed industry is generally rather poor and expensive, the good managers will have nothing to fear.
Posted by: Tumble Dryer
More professional investing
Re volatility of fund flows what I think the the fund groups meant to say was that as more clients portfolios are invested via 24/7 investment services that those assets will be invested in a more professional way. As a result investments in underperforming funds/sectors will be moved to funds/sectors that might be about to perform quicker. Maybe the client outcome will be better? Re dash for brand, this has been happening for a while and it will take more favourable economic and market prospects to change this. When they do turn than the smaller nimbler fund manager will have their time again.
Posted by: Angus Duncan