Author: Bella Caridade-Ferreira

Gatekeepers tend to select single-strategy funds as building blocks in broader portfolios, so the presence of multi-asset funds on gatekeeper lists is usually to cater for one-stop shoppers on D2C platforms, for ISAs for example, or to satisfy the needs of smaller investments through advisers where they may be aimed (unfairly) at so-called less-sophisticated investors.

We continue our meet-the-manager series in our Fundscape Fantasy Fund League.  This week it's Dr Tim Burrows, manager of Ocean’s 5 team and Fundscape’s resident fund performance and maths guru.

This week we meet Guy Molcho, the only Octo member who dared to go public with his portfolio (plenty of Octo members are playing in private). Guy works at Global Fund Capital Introduction, a Spanish company specialising in third-party fund distribution in Europe, so he should really know his stuff!

Proponents of the passive, index-tracking approach to equity investing often make their case ­­­by underlining the efficiency of stock markets. This is especially true of the US, where research and the speed with which information is translated into price movements can make stock selection a pointless exercise.

In a move that cements its position as a platform for high-net-worth investors and family offices, 7im has cut fees for investors with more than £2m on platform. From 1st April, investors with between £2m and £5m will see their fees fall from 0.15% to 0.08% for assets between £2m and £5m, while those with more than £5m will see fees drop from 0.15% to 0.05% on balances over £5m.

You know we love an experiment at Fundscape, don’t you? Well, here at Fundscape Park we decided to have a bit of educational fun and understand our own investing behaviours with a friendly football-based investment competition, Fundscape's Fantasy Fund League. The rules are simple and don’t involve a ball or use of the foot. Each player gets to pick up to five investments — any listed investment such as direct equities, funds, of course, exchange-traded funds, and investment trusts.

Standard Life today announced a price decrease for its Elevate platform for all new clients from 1st April 2019. This is a great move by Standard Life. It demonstrates a commitment to its core financial planning market and willingness to share economies of scale with advisers and end-consumers.

Well, this month it gave us the Wealth 50 — a slimmed down version of its old Wealth 150 list, which has been a key fund choice influencer since 2003. But given the amount of grief and badmouthing it's attracted from Terry Smith et al, you would be forgiven for thinking that Hargreaves Lansdown was nothing but a brash parvenu muscling on the platform game instead of an experienced platform provider with 30+ years in the industry. But is any of the criticism justified? let's find out.

For the last 10 years we've produced annual five-year projections based on industry trends and the economic outlook and their likely impact on the platform industry. 2018 has been a challenging environment for the industry with some platforms taking a far larger slice of the action than others. Despite the challenging environment, the overwhelming consensus from platform leaders is that platforms that can support advisers to support their clients have a long-term sustainable future.