Defaqto is to mark down certain overly-large funds as part of its fund ratings criteria, over fears of a potential performance downturn resulting from excessive asset growth.
Fund concentration in the UK has significantly increased in recent years, with multi-asset absolute return giant Standard Life Investments' Global Absolute Return Strategies (GARS) sitting at £26bn and...
Two global vehicles
'Further plug advice gap'
Must appoint separate CEOs and boards
Advisers do come out well
Will report to Mark Till