Marcel Bradshaw: A focus on value

There is these days a widespread consensus that people need to pay close attention to the price they pay for their investments. For too long, investors have paid higher fees for benchmark performance but in an era of low returns, when passive is cheap, this cannot be a sustainable approach. The problem, however, is that both the regulators and the investment sector itself have tended to focus on achieving low absolute costs rather than delivering value for money. Orbis Investments believes this needs to change. The increasing dominance of passive investments over recent years has forc...