View more on these topics

HSBC set to rethink trackers and add two more funds

HSBC global asset management managing director of UK wholesale Andy Clark says the firm is considering revamping its index trackers.

Clark says there is scope to add to the range of seven trackers, which currently have around £1bn of assets under management.

He says the firm is likely to add a couple of tracker funds to the range as well as ensuring that cost levels are as attractive as possible.

Clark says: “This would be an adviser-led move as we feel the interest that is being generated in these products by clients means that they warrant a closer look.

“We already have a comprehensive range of trackers that date back to the 1980s but the end game is to have a tracker that matches an asset allocation call to any part of the world that someone would look to. They offer advisers a valuable source of beta and are more widely available to advisers than exchange tra- ded funds.”

Recommended

Public get dismal response, says FOS

Consumers are increasingly suffering “dismal” treatment from financial businesses when they complain, according to the Financial Ombudsman Service.

Draw align

Last week, I considered the current momentum, both for businesses and individuals, behind accessing value and reducing costs. I linked the potential importance of tax reduction through planning to this growing phenomenon and suggested that advisers seeking to have profitable conversations with existing and potential new clients should, in deciding what communication initiatives to lead with, seriously consider alignment with these strong underlying demands.

Arch cru suspension to be extended

The suspension of the Arch cru fund range is likely to be extended to at least the end of May, Capita wrote in a letter to its investors.However, during a press briefing, Marc Ainscough, the managing director of cru Investment Management, said: “It will take a lot longer to sort it out.” He pointed at […]

Asia Pacific and Gem strongest in March

Lipper’s monthly retail fund review has identified the Asia Pacific excluding Japan and Global Emerging Markets (Gem) as the best performing Investment Management Association (IMA) sectors in March.

What exactly is product innovation?

By Fiona Tait, Pensions Specialist Ros Altmann reportedly hoped for more product innovation following pension freedom¹ and, according to one poll, 66 per cent of advisers also believe that providers should be doing more². This article considers whether there is a real client need for new products, or whether we should be focusing our attention on efficient delivery […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com