Assessment of Value regime called into question as fund closures remain stagnant

133 closures in 2021

Kathleen Gallagher
clock • 4 min read
The Assessment of Value regime is in its third year
Image:

The Assessment of Value regime is in its third year

Fund pickers and research firms have called into question the success of the Financial Conduct Authority’s Assessment of Value (AoV) regime, as the number of fund closures has remained the same over the past ten years.

Figures from Morningstar for Investment Week showed that since 2012, the average number of fund closures has been 146, with the highest in 2012 at 191. The figures further showed that last year was...

To continue reading this article...

Join Professional Adviser

 

  • 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

Image: The latest market news and analysis

Market Movers: Lenders halt mortgage deals amid gilt market turmoil

Move comes in response to market volatility following the Mini Budget

Investment Week
clock 27 September 2022 • 1 min read
SJP launches £4.3bn UK equity income offering after merging four funds

SJP launches £4.3bn UK equity income offering after merging four funds

Investment objective, benchmark, policy and manager line-up to change

Hope William-Smith
clock 26 September 2022 • 1 min read
Hendrik du Toit founder of Ninty One

Talking with… Ninety One founder Hendrik du Toit

The series continues as Richard Romer-Lee chats to Hendrik du Toit

Richard Romer-Lee
clock 22 September 2022 • 5 min read