The average cost of investing in a multi-manager fund has fallen by 14% since 2014 as a result of a number of industry pressures, including price competition from passive products.
According to data by fund research firm Defaqto, the average ongoing charges figure (OCF) in 2014 for a multi-manager fund was 1.73%, falling to 1.49% this year. For a multi-asset fund, the average OCF...
Plus worked example
Risk-profiling tools have provided a framework for advisers to manage client expectations but, writes Chris Fleming, key issues persist that have varying levels of implications for advisers and clients
100 new clients
Achievements, charity work and other happy snippets
Square Mile’s series of informal interviews