Investing by numbers: how to avoid following the herd

In a post-Retail Distribution Review (RDR) world, independent financial advice is increasingly being repackaged to incorporate a range of wealth management solutions. Many advisers believe their core competency and, indeed, their added value, is giving financial advice to their clients rather than constructing and monitoring investment portfolios; an activity which, to them, can be onerous in terms of time and resource. No wonder there has been a growth in the outsourcing of investment management to discretionary fund managers. Four options In terms of investment solutions, we se...