AJ Bell has updated some of the criteria it uses to assess price and value for certain funds and investment trusts.
The platform faced criticism when it started using an independent third party to determine value assessments for those funds or trusts that did not provide a report themselves. As a result, AJ Bell changed the way it operates its value assessment following discussions with stakeholders and clients, leading to the reversal of assessment scores in certain cases. AJ Bell attacks 'counterproductive' GB ISA as dividend jumps 21% A spokesperson for the platform told Investment Week: "We review the fair value assessments of investments on our platform on an ongoing basis. Since our last r...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- 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
