The model portfolio service (MPS) market is maturing and there are plenty of players, but Legal & General Investment Management fund manager Francis Chua thinks there is enough room for everyone.
The MPS market is maturing with "plenty of players", but Chua told Professional Adviser that is his view there is still space to grow. "I still do think there's space for others and we've seen more and more participants within this space, but each one of them are equally different," he said. "That makes it better experience for the end user." As things stand, LGIM is confident that it "can offer something different to the rest of the market," Chua said. Working on the asset manager's MPS team, he said he believes that LGIM's products and portfolios are diversified compared to the r...
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