Skandia Investment Group (SIG)is calling on the IMA to introduce a new sector for 'risk-targeted funds', with legacy 'managed' portfolios shifted to an alternative category where returns are the driver.
In both cases relative performance could be assessed around realised volatility and associated risk-adjusted returns, SIG says. The IMA is currently consulting again with fund management groups over...
Follows McVey's resignation
Schroders and Aviva Investors
LightTower Partners, Seneca Partners and Unicorn AM
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