Graeme Clark discusses discretionary management
Discretionary investment management, by which all investment decisions are made by a professional team on behalf of the investor, is a highly topical subject, thanks in no small part to the Retail Distribution Review (RDR). In the run-up to RDR implementation all IFAs are carrying out thorough and strategic reviews of their business models and re-evaluating how to deliver what clients need. A thorough examination of how to deliver best practice investment management forms an important component of the IFA review; hundreds of IFAs are currently carefully reviewing the outsourcing of investme...
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