TJP hires Fundhouse as investment partner

TJP said it hired the fund ratings and research firm due to its independent business model. Fundhouse describes itself as the only fund research firm not to receive fees from the fund managers they rate, instead asking advisers to pay for its service. It was also the only firm regulated for fund research, it said. The Financial Conduct Authority (FCA) highlighted in its Asset Management Study, published in November 2016, the conflicts of interest within fund ratings business models, in being subsidised by the asset managers they rate. It warned this posed a potential lack of added val...