How the researchers were rated
The Money Management Rating the Raters Survey 2007 collected opinions from Australia’s leading fund management fraternity.
The respondents covered all of the major asset classes in their investment options including Australian and global equities, fixed interest, alternatives and property securities.
Once again, the data was complied through the use of an online questionnaire that was conducted in February 2007.
Seven of the major research houses were selected to be rated on the strength of past information compiled by Money Management showing these firms control the greatest share of the ratings market.
The raters were assessed using criteria such as research and methodology, transparency, quality of personnel and their impact on the fund managers’ businesses.
Scores were awarded to the individual research houses, as well as to the industry as a whole.
Recommended for you
Quarterly Wealth Data analysis has uncovered positive improvements in financial adviser numbers compared with losses in the prior corresponding period.
Holding portfolios that are too complex or personalised can be a detractor for acquirers of financial advice firms as they require too much effort to maintain post-acquisition.
As the financial advice profession continues to wait on further DBFO legislation, industry commentators have encouraged advisers to act now in driving practice efficiency.
New Zealand’s financial regulator is following the footsteps of its Tasman neighbours and proposing to conduct a review on improving the accessibility of financial advice and advice business models.