Canadian Investment Review

Can You Trust Your Manager’s Performance Reports?

Written by Caroline Cakebread on Wednesday, June 24th, 2015 at 9:52 am

story_images_line graphCan you trust your investment manager’s performance reports? Possibly not according to a recent survey by technology firm, SimCorp, which found that 53% of asset managers are not confident the investment performance figures they report are completely accurate.

Participants in the survey include 88 asset managers representing $22.5 trillion in assets under management.

The lack of confidence boils down to difficulty obtaining timely and accurate information around trading — as a result, asset managers could misreport performance data to investors and regulators. Worse, they could end up making trading decisions based on incomplete information.

As managers surveyed reveal:

Read the full survey.

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