a lack of comparative information is making it hard for advisers to assess the true value of services on offer from private asset managers
Inability to compare services from private asset managers makes it difficult to determine which are truly adding value. This comes at a time when the industry is facing increased competition from multi-manager and fund of funds offerings. The publication late last month of the digest of Private Asset Managers, many of whom distribute services to intermediaries, solicitor IFAs and legal practices, serves to underline the continuing difficulties of determining which are actually adding value to their clients. While the performance and charges are transparent on fund of funds offerings a...
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