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...
Two global vehicles
'Further plug advice gap'
Must appoint separate CEOs and boards
Advisers do come out well
Will report to Mark Till