by Stuart Fowler | Aug 19, 2022 | Charges, Performance
How do you explain to private clients that picking active fund managers in equity markets, or picking advisers who do, is a near-certain route to wealth destruction? Just show how many things have to go right for the extra costs and risks to be rewarded with a better...
by Stuart Fowler | Feb 3, 2022 | Performance, Savings and Investments
‘Activist investors descend on ‘bargain basement’ UK companies’, says the FT headline yesterday, quoting one such investor in Los Angeles. As we are quantitative investors, with a rules-based approach driven by our own measure of market...
by Stuart Fowler | Jul 6, 2021 | Charges, Performance
Cost comparisons for 25 UK wealth management firms submitting data to FT Money in June 2021 imply that, at all portfolio sizes above Fowler Drew’s minimum amount, our annual management fee, plus platform or custody costs, is significantly below the average....
by Stuart Fowler | Apr 28, 2021 | Goal Based Wealth Management, Performance
In a previous article, Whose performance is it anyway?, we addressed the significance of performance, for both clients and the firm, in goal-based wealth management. Our key observation was that when assets are managed to meet client-specified outcomes (or...
by Stuart Fowler | Apr 16, 2021 | Goal Based Wealth Management, Performance
Private clients buy performance, it is said. This is not what they buy from Fowler Drew. Once they see what we’re doing it becomes obvious they are buying something to do with the satisfaction their money can provide, not performance. Test drive The Planner yourself...
by Stuart Fowler | Jan 30, 2018 | Performance
At Fowler Drew, clients’ achieved performance is the product of a quantitative (algorithm-driven) approach to asset allocation, implemented using low-cost trackers. Our skill is in the construction of the decision rules and in how we implement them...
