The Evidence-Based Investor

No sales agenda. No marketing spin. Just the evidence.

Is closet indexing the next big financial mis-selling scandal?

Posted by Robin Powell on March 8, 2018

Earlier this week the UK regulator, the Financial Conduct Authority, had announced that, after an investigation into so-called closet indexing, 64 funds have been found to have issued misleading marketing material. Several fund management companies have, as a consequence, been forced to pay customers a total of £34 million in compensation. For big City of London […]

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The beginning of the end for closet trackers?

Posted by Robin Powell on March 5, 2018

I’ve written many times on this blog about closet trackers. Closet index tracking is the very dubious (but sadly widescale) practice of charging active management fees for funds that essentially hug an index. Fund managers the world over have been getting away with it for years. Well, I’m now pleased to report some very welcome […]

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#SFTW: Most of us are over-exposed to the housing market

Posted by helen.brown on March 2, 2018

SOMETHING FOR THE WEEKEND   It’s time to question our obsession with property We Brits have a different kind of home bias to investors elsewhere. Of course, we favour our own country’s stocks, just like most people in other parts of the world. The UK accounts for about 4% of global GDP and yet it’s […]

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Homes are for living, not investing, in

Posted by Robin Powell on February 28, 2018

We Brits have a different kind of home bias to investors elsewhere. Of course, we favour our own country’s stocks, just like most people in other parts of the world. The UK accounts for about 4% of global GDP and yet it’s not uncommon for British investors to have 50% of their equity portfolio allocated […]

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