Countdown to PA360 North: Orbis's Dan Brocklebank

'In everybody's interest'

clock • 7 min read

How best to align the interests of managers and their investors has long been a hot issue in the world of funds but, as Orbis Investments' Dan Brocklebank tells Cherry Reynard, the answer is straightforward enough

How best to align the interests of managers and their investors has long been a hot issue in the world of funds. A percentage-fee model has tended to incentivise managers to grow funds as large as possible, for example - and often to the ultimate detriment of performance. Performance fee models have also been controversial, with poor structuring meaning managers can actually be rewarded for failure. Orbis believes it has a solution - though first it is worth considering the problem in greater detail. The reality for active managers is that investors can access the market return very chea...

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 Investment

Investors 'do not understand' implications of private markets investing

Investors 'do not understand' implications of private markets investing

House of Lords Financial Services Regulation Committee looked at the issues

Linus Uhlig
clock 09 July 2025 • 1 min read
NextWealth MD Hopkins on staying ahead of advice sector changes, data challenges and flattening MPS fees

NextWealth MD Hopkins on staying ahead of advice sector changes, data challenges and flattening MPS fees

Making technology work better

Katrina Lloyd
clock 03 July 2025 • 9 min read
IFAs look to boost clients' private markets exposure

IFAs look to boost clients' private markets exposure

Expect increase in stock market volatility

Jen Frost
clock 02 July 2025 • 2 min read