Martyn Ingram of The Investors Partnership, is keeping a watchful eye on the funds M&G is recommending to buy via the Transact platform
THE ARRIVAL OF Transact and other wrap platforms in the UK presented an immediate threat to business flows for many large asset management groups, particularly those with major retail investor customer bases to protect, such as M&G. Like other established asset managers, M&G had to choose to either embrace the changing environment by facilitating the migration of their investment business onto wrap platforms, or to defend against the potential loss of direct business by not enabling investors to transfer their M&G fund holdings easily onto the platforms. All wrapped up For M&G, and the ot...
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