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Guest says there are too many of these sorts of funds in the market and it is a challenge for advisers when outsourcing to choose the right managers that do genuinely can add value on the investment management front.
He further explains the key ingredients for how a fund manager can search out Alpha in a portfolio.
Xavier Meyer comes in
Group will launch £4.5m in cost-saving measures over the coming months
The reluctance of platforms to allow for fractional trading means the inclusion of ETFs and investment trusts within MPS is being constrained
Record annual IHT take last tax year of £7.5bn likely to be beaten
Securing an income is no-longer purely a mathematical calculation, writes Oxford Risk’s Greg B Davies
Fund has split its fixed income exposure into four, rather than using a single broad index
