But Iimia’s Nick Greenwood says that with such market uncer-tainty, many managers may be taking profits and he is concerned that, in some cases, they may be doing so prematurely because of the way they are paid, particularly those driving the market from hedge funds.Some fund managers may be getting too much of a good thing and living in performance-related heaven at very generous levels. Of course, performance-related fees look good on paper for aligning fund manager and investor interests but in this case there can be too much of a good thing.
Downing Corporate Finance
Pennine Aim VCT 6
Bupa Individual Protection will be looking at an early December launch of its protection proposition with online capabilities to 26 soft partners. A full launch follows in the first week of January. Phase one will concentrate on critical illness and life while phase two will introduce the expert underwriting system with further protection products.
A year after the introduction of statutory FSA mortgage regulation, the CML argues that the costs of regulation have greatly exceeded original estimates.It also says has doubts as to whether the anticipated benefits of regulation have been achieved yet.With transitional costs estimated to be about double the FSA’s original expectations, this raises a question as […]
Rising demand for absolute return funds has raised concerns among some industry commentators that they may not live up to their hype, says Nicola York
By James Dowey, Chief Economist and CIO at Neptune The Bank of Japan (BoJ) surprised investors on 28 April by holding monetary policy steady following the meeting of its Policy Board. Many investors had expected an easing of monetary policy and, as such, the TOPIX Index has fallen and the yen has strengthened. Why has […]
News and expert analysis straight to your inboxSign up
Latest from Money Marketing
Independent governance committees at big-name pension providers are failing to safeguard the interests of savers and the FCA must take action, fresh research finds. In 2015, the FCA required contract-based pension providers to appoint IGCs to act as champions of savers’ interests. IGCs are required to publish annual reports to increase transparency and encourage comparison […]
The FCA is reviewing the content of its pension transfer specialist examination standard in light of recent issues with pension transfer advice, Money Marketing understands. The regulator does not offer qualifications but it does have a role in setting standards for exams and publishes “appropriate examination standards” guidance. Money Marketing understands a working group, mostly […]
Building on auto-enrolment’s success and fine tuning the pensions dashboard are high on the list As I write my first Money Marketing column of the year, it has given me an opportunity to look back on what the Government has done to transform pensions and savings for people since 2010. Five years on from the […]