Boring Money: Asset managers 'marking own homework' after just 3% of funds not delivering value

A review by Boring Money of the AoV reports from 26 asset management firms, which collectively fed back on 968 funds, found that 79% of the funds were found by the asset managers in question to be delivering good value. Another 18% of the funds were said to be delivering value but were being monitored or having some fee reductions implemented, leaving just 3% of funds deemed to be not delivering value. The value of value assessments: What next for AoVs? In contrast, Boring Money noted that research based on more than 11,500 responses from UK fund investors found that asset managers...