Is DFM worth it?

Is DFM worth it?

Given that the proportion of advisers adopting a DFM is expected to swell to around 60-70% over the next few years, uncovering concrete facts about the real effect a DFM had on revenue, business models and client relationships seemed increasingly important. The lack...
How smart is ‘smart beta’?

How smart is ‘smart beta’?

There tend to be three sorts of investors in fund management. At the cheaper end of the spectrum are the passive ones who simply track the market index (‘beta’ in the parlance). At the more costly end are active investors who seek ‘alpha’ (a return in addition to the...