The majority (86%) of financial advisers agree that recent high-profile fund suspensions highlight the importance of considering a full range of asset types amid the acknowledgement the majority are biased towards mutual funds, research conducted by the lang cat and in conjunction with the Association of Investment Companies (AIC) has found.
However, the study, released on Monday (2 November), which surveyed 192 members of the lang cat adviser panel, also found that 91% of the assets held in model portfolios were open-ended funds. This left...
Replaces António Horta-Osório
Blending active and passive strategies
Schroders scrapes £75m for British Opportunities Trust as UK smaller companies launches fail to entice
Schroders 'faces headwinds'
Beginning, middle and end
Headed by Simon Monk
2,000 advice firms shifted
Building a brand
'Better balance between fee and interest income'