Impact of poor Assessment of Value Assessments starting to filter through to investors choice
Friday 6th October 2023
Low scoring or funds that have been identified as not providing value for money are now starting to see the impact of this assessment that may not be entirely fair in comparison to relative competitors.
We have warned, since the inception of AoV, that the market will start to consider and make investment allocation decisions based on the AoV assessments and oucomes.
Now we have seen for the first time, buyers placing funds on the sell list and platforms start to review funds it offers based on the AoV.
This is dangerous and flawed for a number of reasons, the main one being that there isn't a common assessment tool or guide being used and it is down to the Authorised Corporate Director (ACD), to interpretate and assess based on there understanding.
That's at least 9 ACDs providing an AoV which is fundamentally different to each so Fund Managers need to be careful when deciding which ACD to work with.
We have a list of the best and worse AoVs we have seen in the marketplace...
Full article available to clients, to subscribe and receive access to all articles please email, firstname.lastname@example.org