Advisers favour multi-manager

Professional Adviser
clock

Increased regulation and business costs are causing advisers to turn to the multi-manager market for their portfolio construction needs

Aifa reported this month that regulation and compliance costs had doubled in three years. As many of these increases have come about as a result of the mis-selling of investments, investment business is an increasingly thorny issue for advisers. As advisers grow more reluctant to carry out asset allocation and portfolio construction, who is likely to be the beneficiary? Is the multi-manager market in all its various guises likely to pick up new business on the back of this? Mark Dampier, head of research at Hargreaves Lansdown, says there are a number of factors that are increasing the cos...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on uncategorised

Building Society-owned Newcastle Financial Advisers acquires Openwork firm

First of a number of acquisitions

Hannah Godfrey
clock 09 December 2019 • 1 min read

Bond managers fear hedges being undermined as liquidity dries up

The recent sell off in the bond market and growing liquidity issues have forced bond investors to use similar hedging techniques, undermining their effectiveness and causing concerns about how much downside protection funds really have.

Anna Fedorova
clock 03 July 2013 •

Police launch investigation into mortgage middleman fined £1m

West Midlands Police have launched a fraud investigation into a Birmingham financier over his role in sale and rent back agreements.

clock 25 June 2013 •