Openwork has launched a client-facing guide to its investment and pension funds as part of the network’s drive to help advisers increase consumer understanding of the investment sector and the factors that influence fund performance.
The guide, which will be updated quarterly, outlines to clients the performance of Openwork’s recommended pension and investment funds, and, in the first edition, provides an insight from Threadneedle – one of Openwork’s recommended fund managers – into current market trends and the latest asset allocation considerations.
The guide also explains the role of Openwork’s Investment Committee, which works closely with Old Broad Street Research (OBSR) to narrow down the full universe of investment funds into a range of recommended funds, selected on the basis on past performance, future performance expectations, charges, volatility and risk.
Graham Angell, Pensions and Investment Proposition Director, Openwork, says: “We are constantly seeking ways to help our advisers educate their clients and the new guide will support our partners in offering well informed insights into the main asset classes and different investment approaches, in addition to information on fund performance.
“In this first edition we also felt it was important to highlight the role of our Investment Committee, which works very closely with OBSR in constructing our comprehensive range of recommended funds. There are thousands of funds available to UK investors and the committee takes a significant amount of weight off advisers’ shoulders in assessing them and deciding which are the most suitable and appropriate for the majority of clients.”