Investment consultants fail to add value in product recommendations, says CMA
Investment consultants are failing to recommend products that outperform net of fees, the Competition and Markets Authority (CMA) has said as its investigation into the market continues.
Actively-managed products assessed as ‘buy-rated' by investment consultants outperformed neither their respective benchmarks nor ‘unrated' products "to a statistically significant extent on average" net...
More on Law and Regulation
How lessons of history help form our real estate expectations
Dr Peter Hayes looks at what history can tell us about the path to recovery from the Covid-19 economic fallout.
Industry Voice: Further volatility in high yield likely
In this Q&A, Eaton Vance high-yield experts provide an update on market movements and changes in the macro environment and offer their thoughts on investment opportunities at this juncture.
RPMI Railpen backs Greencoat for energy plant acquisition
Asset manager Greencoat Capital has acquired the Lincolnshire-based Sleaford Renewable Energy Plant with funds from RPMI Railpen and Greencoat Renewable Income and commitments from UK corporate and Local Government Pension Scheme funds.
Transaction costs tally up to 37% of pension investment costs
Over a third of investment costs faced by pension savers come from transactions, according to the latest annual research from Caceis.
USS announces divestment from weapons, coal, and tobacco
Universities Superannuation Scheme (USS) will divest from tobacco, coal, and controversial weapons manufacturers following “years of demand” from members and recent protests on its overall commitment to climate action.