Armchair Critic: Should we pitch IFAs head-to-head on portfolio performance?

Advisers should know how their portfolios do against their peers

clock

Professional Adviser's Armchair Critic Brendan Llewellyn argues advisers should have a better sense of how their client portfolios do against other advisers'.

If we look for a new car, we buy What Car? magazine, not What Gearbox? or What Turning Circle? In other words, we care about the whole, not its components. In investment terms, the whole is the portfolio, the components are the funds. Yet this sector spends £1 on fund measurement for every penny it spends on portfolio measurement and comparison. The back pages of many finance papers are, even in this digital age, packed with fund prices. Fund data is necessary; it’s just not sufficient. Now the world has changed – funds are a means to an end and that end is a nicely diversified, mu...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Is being Chartered worth it? Breaking down the perennial dissensus

Is being Chartered worth it? Breaking down the perennial dissensus

‘Many non-Chartered advisers are just as competent as those who are’

Hope Coumbe
clock 10 May 2024 • 4 min read
Andrew Goodwin: Financial advice and the Evangelista effect

Andrew Goodwin: Financial advice and the Evangelista effect

'Future of advice lies in independence, approachability and affordability'

Andrew Goodwin
clock 10 May 2024 • 4 min read
Aviva integrates robotic process automation into platform capabilities

Aviva integrates robotic process automation into platform capabilities

Robotic process automation removes need for client by client process

Sahar Nazir
clock 09 May 2024 • 1 min read