Why be ashamed of 'good value'?

Dawn of the assessment of value era

Recent weeks have seen the first signs of a landmark piece of regulation for the asset management industry beginning to take effect, with the publication of the first Assessment of Value (AoV) reports.

It has not gone unnoticed by Investment Week, however, that some firms are less keen than others to advertise the existence of these publicly available documents. Rathbone Unit Trust Management is among the most notable examples of firms offering funds with accounting years ending 30 September 2019 onwards to publish the documents over the last month. FCA and BoE warn of politically motivated equivalence decisions on UK As previously reported, Rathbones' AoV, which has been considered by many as an example of good industry practice, did determine that some funds do not represent go...