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Why fund managers are so secretive

Investment fees and portfolio holdings are as hushed up as KFC's 11 herbs and spices, but there's more to it than just safeguarding the recipe.

Aleks Vickovich
Aleks VickovichWealth editor

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A survey conducted by researcher CoreData, commissioned by trading platform Superhero and shared exclusively with Wealth Generation, found 72.4 per cent of investors under the age of 37 want more transparency about how their superannuation is managed.

They will likely be pretty disappointed, then, by the latest findings on fund disclosures from Morningstar.

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Aleks Vickovich leads the Financial Review's coverage of wealth management, specialising in the business and regulation of investment markets, financial advice and superannuation. Email Aleks at aleks.vickovich@afr.com

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    Original URL: https://www.afr.com/companies/financial-services/why-fund-managers-are-so-secretive-20201215-p56nnk