Risk rating discrepancies must be tackled 'head on' - Fundscape

While the majority of active funds have beaten the passive investments in the 12 months since Fundscape launched ‘The Great British Wealth Off', the Hawksmoor Vanbrugh fund failed to perform as well, despite seeing some growth in the fourth quarter. Fundscape attributed this to its changing risk profile. "To make comparisons easier, when we started this experiment we chose funds that had the same risk profile of five — as most DIY investors would have done — only to find some of the funds have seen their risk profile change over the year," explained Caridade-Ferreira (pictured).  "Tha...