Value assessment analysis finds 'majority' of funds are fair value 

Peel Hunt carried out analysis work against Consumer Duty expectations

Hope William-Smith
clock • 2 min read

Value assessments show the “vast majority” of funds offer fair value under the stipulations laid out for the asset management industry under Consumer Duty, Peel Hunt says.

The latest sector outlook from the investment bank - published yesterday (2 October) - included the results of a review it had conducted of value assessments. Those compared covered both listed and private companies with Peel Hunt stating the results were not surprising given the subjective nature of the assessment and who is completing them. "The calculation of value is inherently subjective," it stated. "It is unsurprising that asset managers generally find that their own products offer value." However, the investment bank noted each asset manager was using "slightly different me...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Partner Insight: Is tech a double-edged sword for advisers?

Partner Insight: Is tech a double-edged sword for advisers?

Sponsored by Flagstone
clock 28 November 2024 • 1 min read
Talking with… J.P. Morgan Asset Management CEO Patrick Thomson

Talking with… J.P. Morgan Asset Management CEO Patrick Thomson

The series continues as Richard Romer-Lee chats to Patrick Thomson

Richard Romer-Lee
clock 27 November 2024 • 5 min read
UK funds hit by £31.5bn in outflows so far in 2024

UK funds hit by £31.5bn in outflows so far in 2024

Passive UK-domiciled index funds gathered more than £14bn year-to-date

Giovanni Cafaro
clock 26 November 2024 • 3 min read