Delays hit performance benchmark
Article Abstract:
Apcims plans to issue benchmarks to measure the performance of UK stockbrokers but the scheme has been delayed and a Sep 1996 launch has been postponed. Not all UK brokers are enthusiastic about the scheme which aims to measure performance by setting up three model portfolios geared to capital growth, income, and a balance of the two. Capel-Cure Myers' Roddy Buchanan argues that the scheme is necessary but critics argue that it could mislead. They claim that portfolio allocations may not be similar to those of the model portfolios
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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The best of brokers
Article Abstract:
The periodical Investors Chronicle presents awards to United Kingdom stockbrokers each year, and readers submit views on their brokers in questionnaires. Over 2,700 readers have taken part in 1998, and brokers are assessed in a number of ways such as quality of advice and ease of access. Brokers are expected to be efficient when carrying out orders, and be easy to contact, as the main priorities of investors. Charges, and even poor advice appear to have less importance for investors.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1998
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A guide through the labyrinth
Article Abstract:
There are three types of stockbroker in the UK. Some offer investment management services, some provide dealing with advice, and dealing only services are also provided. Traditional brokers see advice as cost-effective and argue that execution only services also involve answering clients queries but there is no pay for this, so they are concerned about the growth of execution-only services. Efficiency is as important as cost, and good tips may offset commission charges.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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