Investors have lost around £3 billion in the past five years by paying for actively managed funds which merely tracked the market, according to recent claims by the True and Fair Campaign.
Don't be misled by the closet trackers
Hardly a week goes by without more reports detailing quite how hopeless UK fund managers are at managing our investments. Last weekend’s money sections featured so many such stories that surely readers must be starting to question the wisdom of paying so-called ‘experts’ exorbitant charges to buy and sell shares on their behalf.
Dog days for fund managers
Here at SensibleInvesting.tv, we read the weekend money pages with wry amusement. Buy this asset class, sell that one… snap up this share while it’s cheap, dump that one before it bombs…
Indexing hits the headlines