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Cazenove bolsters multi-manager reporting standards

Cazenove Capital is introducing enhanced reporting on its multi-manager funds.

Advisers can currently see the percentage holdings in each of the six multi-manager funds using the fund factsheets.

Under the new system, which will be introduced later this year, advisers will be able to view how much of their clients’ assets are invested in each of the underlying holdings both in monetary and percentage terms.

Cazenove already offers this in its discretionary portfolio service, which is aimed at high- net-worth clients with a minimum £1m to invest.

Cazenove Capital head of marketing Victoria Hayes says: “Advisers will be able to see how much of the investment is in each underlying fund. Advisers need to know what we are doing in the funds all the time, which is what you would get if you were a client of a discretionary manager with model portfolios.”

Values for Vision Financial Planning director Nick Lincoln says: “This is a positive move for Cazenove. Advisers want to know exactly how a portfolio is comprised.”


Action, not reflection

Louis V Gerstner’s autobiography Who Says Elephants Can’t Dance? How I Turned Around IBM should be required reading for all CEOs or principals in adviser firms, in fact, everyone associated with a firm, particularly self-employed advisers. When Gerstner became CEO of IBM in 1993, its shares had fallen to an all-time low and the company […]

Absolute bonds flop as fund sales thrive

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Providers slam pension transfer process

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Guide: how to… audit your auto-enrolment scheme compliance

As the Pensions Regulator starts to bare its teeth and the changes mentioned in the Budget and Queen’s Speech start to come into force, it is essential that you understand your scheme and the processes you need to undertake to ensure it remains compliant. Our second re-enrolment guide looks at how to audit the key areas of your auto-enrolment scheme.


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