A clear majority of UK active equity funds are not closet trackers and should not be tarred with that brush by the regulator.
Fund buy lists are helping investors to avoid overpriced 'closet tracker' products but the quality varies significantly
Fundscape is launching a site that compares a fund’s performance against its popularity with so-called gatekeepers.
Cofunds was the biggest UK platform at the end of 2016. Investor confidence bounced up towards the end of 2016.
Money held in stocks and shares Isas “left the system” in 2016 as investors chose pension over investment funds & platforms
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