Four things your clients will call you about this week

clock

Nationals round-up: Warning on closet trackers, university savings and the importance of cover...

Active fund management If you notice your clients asking a little bit more about just how active their fund managers are, it may be because they read the Sunday Telegraph over the weekend. The paper explored the so-called "closet trackers" - actively managed fund which in reality do little more than mirror the FTSE index. It reported UK equity funds from Scottish Widows, Halifax, Prudential, Santander and Henderson have been found to have at least 90% correlation between their top 10 holdings and the FTSE 100's biggest companies, while still charging investors up to 2% a year on their inv...

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

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Majority of UK wealth management sector eyes acquisitions this year

Majority of UK wealth management sector eyes acquisitions this year

Continued appetite and momentum in M&A space

Isabel Baxter
clock 30 June 2025 • 3 min read
How can firms improve client engagement with wealth products?

How can firms improve client engagement with wealth products?

Consumer first focus; Simplifying prodcut information

James Wood
clock 30 June 2025 • 4 min read
Verso rejects platform incentives model, says adoption must be earned

Verso rejects platform incentives model, says adoption must be earned

Nucleus-built platform rolled out across advice group with no mandated use as consolidator targets £5bn AUM

Sahar Nazir
clock 27 June 2025 • 2 min read