boutiques have been increasing in popularity for decades. but are they an exciting investment solution or a problem waiting to happen?
For the past 20 years investors have seen an unprecedented fall in economic volatility leading to a one-off, never to be repeated hike in equity prices. The future, however, is much murkier, and with single digit returns predicted to be the benchmark of at least the next 10 years, fund managers will have to fight much harder to justify their charges. The relative difference between mediocre performance and good performance is much bigger when all numbers are low. One of the accompanying trends has been the growth of the boutique house - the specialist that has a very narrow focus but, in t...
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