Nationals round-up: The value of wealth managers, a new product enters the divorce fray and a look at the star fund managers of the future.
Wealth managers The FSA recently issued a warning about the way some wealth managers were matching clients' portfolios to their risk profiles and the Sunday Times followed this up with its own investigation. It found the industry is "far from transparent when it comes to revealing details of performance and charges" and suggested few wealth managers offered much extra value compared to a unit trust. However, there were some exceptions providing standout performances, including Taylor Young Investment Management, Veritas Asset Management and Ruffer. Stars of the future The likes of An...
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