Boutique asset managers 'pushed aside' as ratings agencies under fire

Follows industry report on gatekeepers

clock • 7 min read

A number of smaller asset management groups have told Investment Week of their frustration with ratings agencies, following a report by Fundscape and gbi2 criticising some 'gatekeepers' for ignoring lesser-known names.

The Gatekeepers Report, published last week, found buy lists and rankings from fund ratings agencies may be misleading, as they do not always include vehicles based on their quality and longevity of returns, and tend to favour the big household names. Graham Bentley, MD at consultancy gbi2, said: "The importance of research in fund selection is undeniable, but there are significant differences in the quality of the research processes we reviewed. "There are plenty of funds that deserve to be on the lists, but there were also some that had less performance substance and more reputation...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Funds

Trio of fixed income funds awarded RSMR rating

Trio of fixed income funds awarded RSMR rating

Royal London, Dodge & Cox and L&G

Cristian Angeloni
clock 07 November 2024 • 2 min read
Trio of Fidelity International funds fail value assessment due to underperformance

Trio of Fidelity International funds fail value assessment due to underperformance

Board reviewing potential actions

Valeria Martinez
clock 05 November 2024 • 2 min read
Singular BlackRock fund fails to deliver value across active arsenal

Singular BlackRock fund fails to deliver value across active arsenal

BlackRock Market Advantage fund

Cristian Angeloni
clock 05 November 2024 • 1 min read
Trustpilot