One of the unforeseen consequences of RDR is that the choice of funds available to investors is narrowing, says Richard Garland, managing director, Americas and Japan client group, at Investec Asset Management.
Cost has become “ridiculously important” as more countries move towards an RDR model, argued BNP Paribas’s Julian Kramer during International Adviser’s Fund Links Forum on Thursday.
Investec has launched a structured product offering a guaranteed income over a fixed period, which is aimed squarely at investors looking for an alternative to a traditional annuity.
As far as Investec’s Clyde Rossouw is concerned, active management is about going the distance rather than sprinting to the line.
A significant majority of advisers expect the demand for bespoke discretionary fund management services to rise in the next few years, but only those that offer high levels of service quality are likely to survive, research by Investec Wealth and Investment shows.
China’s central bank announced a cut in its benchmark interest rate on 10 May, the third reduction since last November, in attempt to combat an economic slowdown and relieve deflationary pressures.
Investec Wealth & Investment, a leading UK private client investment manager, has launched a new unit called Private Office to service high net worth individuals, business owners, entrepreneurs and investors with a net worth of at least £10m.
Investec Asset Management has announced a catalogue of fund management changes stemming from the appointment of Richard Garland as managing director for the firm’s global client group.
Tim May, ex-chief executive of the Wealth Management Association, has joined Investec Wealth & Investments Board as a non-executive director.
Platforms are making a costly mistake by failing to prepare themselves adequately for the Financial Conduct Authoritys (FCA) sunset clause deadline, warns Altus Consulting.
Investec Asset Management has been awarded an RQFII licence to invest directly into Chinas mainland markets, and will launch two new funds focusing specifically on the region.
While the hunt for yield continues unabated, investors are increasingly looking a little further afield than just equity income funds.
