Future of Rail: trends in rail passengers, rail freight, railway innovation - Rail Trends Keynote

Future of the Auto Industry - mega trends impacting the auto industry. Futurist Keynote for Belron

How to make virtual keynotes more real and engaging - how I appeared as an "avatar" on stage when I broke my ankle and could not fly to give opening keynote on innovation in aviation for. ZAL event in Hamburg

"I'm doing a new book" - 60 seconds to make you smile. Most people care about making a difference, achieving great things, in a great team but are not interested in growth targets. Over 270,000 views of full leadership keynote for over 4000 executives

Futurist Keynote Speakers - how Futurist Keynotes transform events, change thinking, enlarge vision, sharpen strategic thinking, identify opportunities and risks. Patrick Dixon is one of the world's best known Futurist Keynote Speaker

Futurist Keynote Speaker: Colonies on Mars, space travel and how digital will help us live decades longer - comment before keynote for 1400 at Avnet Silica event

Future of Travel and Tourism after COVID. Boom for live experiences. What this means for future of aviation, airlines, hotels, restaurants, concerts halls, trends in leisure events, theme parks. Travel Industry Keynote Speaker

Quiet Quitters: 50% US workforce wish they were working elsewhere. How engage Quiet Quitters and transform to highly engaged team members. How to tackle the Great Resignation. Human Resources Keynote Speaker

The Great Resignation. 50% of US workers are Quiet Quitters. They have left in their hearts, don't believe any longer in your strategy. 40% want to leave in 12 months. Connect with PURPOSE to win Quiet Quitters. Human Resources Keynote Speaker

Future of Human Resources, virtual working, hybrid teams, motivation, management, future of motivation and career development. How to develop high performance teams. HR Keynote Speaker

Speed of change often slower than people expect! I have successfully forecast major trends for global companies for over 25 years. Focus on factors driving long term changes, with agile strategies for inevitable disruptive events. Futurist Keynote Speaker

Agile leadership for Better Risk Management. Inflation spike in 2022-3 - what next? Expect more disruptive events, while megatrends will continue relentlessly to shape longer term future globally in relatively predictable ways. Futurist Keynote Speaker

Crazy customers! Changing customer expectations. Why many decisions are irrational. Amusing stories. Lessons for Leadership, Management and Marketing - Futurist Keynote Speaker VIDEO

TRUST is the most important thing you sell - TRUE for every business. How to BUILD TRUST, win market share, retain contracts, gain new customers. Future of logistics and supply chain management - Futurist Keynote Speaker

Future of Sales and Marketing beyond COVID - hybrid event in Vilnius: physical audience of 800 + 300 virtual. Digital marketing, location marketing. How to create MAGIC in new marketing campaigns. Future of Marketing Keynote Speaker

Chances of 2 people in 70 having same birthday? Managing Risk in Banking and Financial Services. Why the greatest risks are combinations of very unlikely events, which happen far more often than you expect. Keynote speaker on risk management

Compliance is Dead. How to build trust. Reputation of banks and financial services. Compliance Risks. Why 100% compliance with regulations, ESG requirements etc is often not enough to prevent reputational damage

Life's too short to do things you don't believe in! Why passionate belief in the true value of what you are selling or doing is the number one key to success. Secret of all leadership and marketing - keynote for 1100 people in Vilnius October 2021

Future Manufacturing 5.0. Lessons from personal life for all manufacturers - why most manufacturing lags 10-15 years behind client expectations in their day to day life. Manufacturing 4.0 --> Manufacturing 5.0. Future of Manufacturing Keynote

80% of sales are won or lost in 3 seconds, How to grow your business by giving attention to small things that really matter. Future of Marketing, Futuris Keynote Speaker - Pardavimu formule in Vilnius

Next Financial miss-selling crisis? Future of Fund Management. Why most fund managers I talk to do not recommend their own retail actively managed funds. Impact on Future of Banking and Pension Funds. Fund Management Keynote Speaker - POST and VIDEO

Futurist Keynote Speaker: Posts, Slides, Videos - Banks, Banking, Financial Services Keynote Speaker

Watch interview at ICBI Global Fund Management summit - Patrick Dixon, following keynote to very large fund management industry conference.  Video from 2010 but JUST as urgent and relevant today.

Restoring the Fund Management Trust Gap with consumers:

For many years, I have given keynotes on global investment trends to Fund Managers from across the world.  I have had over $1 trillion of funds under management of a single audience.

Fund management really matters - as vital to society as hospitals and schools because it protects the wealth of us all as pensioners.

But here is a shocking fact. 

A significant proportion of fund managers (often the majority) at events I have spoken at over the last few years lack confidence in their own actively managed investment funds.

For example most tell me (straw polling during presentations) that they do not recommend their own products to friends and family, and do not commit their own wealth into their own funds unless they need to as part of the job.   If fund managers do not believe they are adding value, it becomes a serious ethical issue if those retail funds continue to be actively marketed.

The reason is that tracker funds, run by computers, are far lower cost.  When you add together all the hidden costs of investment in an actively managed fund, it is typically the case that 70% of such funds will be beaten by a simple tracker.

By definition, only half the market can outperform the average.  And the tracker offers you average performance, by holding a proportion of each stock, taking into account the proportion of total value of that stock in - say - the top 1000 quoted shares on a stock exchange.

So for every actively managed fund that beats the tracker, there will of course be one that underperforms.  But it is much worse than this in practice as I say, because we also need to add on all those charges.  And when we do, the results are often shockingly bad.

How has this happened?  Most pension funds place most of their wealth in such actively managed funds.  

The answer is that in previous times of higher inflation, and higher yields from stocks, such charges were easier to absorb, but now they are very obvious.

People who sell financial products which they "know" are likely to be poor investments are likely to be publicly criticised at best or at worst to land up in prison.

Expect fundamental reforms of the fund management industry with changes in transparency, pricing, commission mechanisms, performance-related rewards, new rules for marketing and selling of these important investment products.

One key step is to consolidate funds so that smaller numbers of world-class investment experts are investing much larger amounts of wealth.  

Cut out the duplication of report writing and analyst summaries, in depth research studies into industries and companies.  

Use more FinTech innovation to cut costs.  Encourage more governments to make pensions savings compulsory so that the entire industry can scale up and become more efficient.


Related news items:
Newer news items:
Older news items:


Thanks for promoting with Facebook LIKE or Tweet. Really interested to read your views. Post below.

Join the Debate! What are your own views?


?

 

Search for your future



Our cookie policy

We use cookies for statistical purposes. To comply with the e-Privacy Directive we need to ask your consent to place these cookies on your computer.

Your use of this site indicates acceptance of these terms. I accept