A NEW set of investment performance benchmarks, based on the actual returns being delivered to private clients by discretionary portfolio managers, has been unveiled.
The Private Client Indices, run by Asset Risk Consultants (ARC), are made up of real performance numbers supplied by 20 participating investment managers. They aim to give advisers of private clients a snapshot of their returns based on their clients’ attitudes to risk. Companies such as GAM, Jupiter, Merrill Lynch and Schroders, Stenham Advisors and Sarasin Chiswell have signed up to the scheme. Each company supplies the returns of its discretionary clients before ARC allocates them to one of four risk buckets. The Sterling indices are comprised of the ARC Sterling Cautious PC...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes