consumer confusion – All about investment funds

Paralysis of too much choice

There were 4,722 UK unit trusts and OEICs in the Trustnet database as at March 2023. That is without counting the 10,142 UCITS funds domiciled in Luxembourg, many of which can still be bought in the UK post Brexit and the 2,500 UCITS funds domiciled in Dublin; and 177,000 worldwide . That compares with 1,983Continue reading “Paralysis of too much choice”

Does consumer protection protect consumers?

No clear responsibility The key principles that underlie most investor protection or ‘treating customers fairly’ can be simply expressed. Here are some practical things a fund management company can do to attract and retain the loyalty of its customers. Give the customer what they paid for Don’t take advantage of the customer. Offer the customerContinue reading “Does consumer protection protect consumers?”