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A ‘price haircut’ in prospect for funds in 2017

23 Dec 16

Prices on funds are predicted to fall during 2017, in the wake of the UK Financial Conduct Authority’s (FCA) investigation into quasi-active portfolios, says Danny Knight, director of multi-asset at Old Mutual International.

Knight says part of this move will see a recognition that there needs to be more clarity on charging and on what exactly the clients are paying for.

He also argues that the “relatively new” concept of risk-targeted portfolios in the international markets will gain traction in the coming year.

Tags: FCA | Old Mutual

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.