Investors in the dark on AoVs but 75% back asset manager value

Boring Money research reveals investor perception of value

Just 19% of retail investors have read at least one Assessment of Value (AoV) reports, but three-quarters are confident that their asset manager provides good value, Boring Money research suggests.

Less than three-fifths (58%) of retail investors who have read at least one AoV believe the documents are "somewhat useful", while 32% said they were "very useful" and 10% said they were not useful at all. The research comes in the same week as the Financial Conduct Authority published a damning assessment of asset managers' first two years under the AoV requirement, with the regulator highlighting a number of failings. The visibility of the documents has also been a point of contention, with commentators frustrated by asset managers' tendency to publish AoVs in hard-to-reach parts of...