“The Marching Band Effect”: Are we really as diversified as we think?

Dr. Andrew Lo, Founder and Chief Investment Strategist at AlphaSimplex, says the financial market has experienced the 'Marching Band Effect' over the past few years, with the various elements moving to left and right together and feeling the risks as one, making the effect more dynamic.

Recommended

1

Tom Baigrie: The income protection turnaround has started

Great news. Income protection – the most important yet least sold personal lines insurance policy in our market – was bought by 10 per cent more consumers in 2015 than in the previous year. Never mind the embarrassing base level; the turnaround has started. This has happened because a few passionate experts decided to ignore […]

5

The axe falls: Has the FCA gone far enough with ‘bold’ 1% exit fees cap?

The axe is falling on pension exit fees but the FCA and Department for Work and Pensions are coming under fire for bowing to industry lobbying. Last week the regulator announced the cap would be set at 1 per cent for existing customers, and banned outright for new business. The DWP has signalled it is […]

FCA logo glass 2 620x430
9

FCA rejects approval for Connaught advice firm facing £1m in claims

The FCA has refused an authorisation application from the directors behind a firm facing over £1m in claims over advice to invest in the collapsed Connaught Income funds. The regulator says Strabens Hall is facing “inevitable insolvency” due to anticipated liabilities of £1.05m to eight of its customers who complained to the Financial Ombudsman Service […]

Best Platform: Transact

Transact topped our adviser survey in the Best Platform category, with “value” and “service” consistently coming out as the reasons why Transact should win the Best Platform award. Transact was also praised for how easy the platform was to use, for both advisers and clients, as well as the high quality of adviser support. Technical […]

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