Defaqto, the independent financial data research company, has launched a manager of managers' table on its Aequos database to help advisers select appropriate funds using a combination of data and opinion.
The information is for advisers to select the most appropriate fund and manager for their clients' needs. It will also help to demonstrate the suitability of their selection to the client and importantly, to the regulator. It also offers the opportunity for advisers to monitor their clients investment needs.
Data includes product availability, manager of managers details, sector and benchmark details, risk measure, asset mix and provider factsheets.
Defaqto group commercial director, Mark Hayes-Newingtom says: “Asset allocation is top of both the investment and regulatory agenda and it is certainly the adviser's responsibility to ensure that clients, risk profiles and long-term objectives are reflected in the type and mix of investments they are recommending.”