Jane Wallace talks to David Barron, head of investment trusts at J.P. Morgan Asset Management, about the future growth prospects for the sector in the wake of RDR.
RDR will not boost investment trust distribution unless access to the funds through platforms is improved, according to David Barron at J.P. Morgan Asset Management. If this issue is not addressed, any potential growth in the use of trusts will be held back, the head of investment trusts believes. “Open- ended funds have been on platforms for a long time,” Barron says. “The arrangements with the providers are in place and payment systems are set up. The dealing is straightforward. With trusts, however, you are dealing through the market and with other parties such as stockbrokers. It ...
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