Metal detectors: How to make sense of fund ratings

The number of funds advisers have to choose from has increased dramatically in the past few years. The increased popularity of open architecture platforms and the growing number of European-domiciled funds available for sale in the UK has combined to create a truly baffling number of potential investment choices. With RDR increasing pressures on advisers to minimise costs and increase efficiency, few will be able to devote the time to research every option. Anyone looking for an edge should be using ratings as a metal detector to help them find the potential needles in the haystack. T...