Risk-badging aside, argues Graham Bentley, the evolution of multi-asset investing has stalled while the method of its delivery has actually reverted to its origins
For the last 50 years, the core proposition of the retail investment management industry has been the ‘managed fund'. Originally packaged for the aspiring everyman - and everywoman, presumably - as ‘not...
New chief executive
For smaller and medium firms
'There will be more consolidation'
Fee-based revenue fell 13%