Institutional fund managers eye retail space

The apparent shift in sentiment is highlighted by the survey which questioned senior executives at more than 60 fund management groups around the world with combined assets under management of over $7 trillion. Two thirds of fund managers (64%) interviewed said institutional managers were seeking to broaden out their distribution into retail. "Given that over two thirds (65%) of those surveyed were from wholly institutional fund groups this gave "a pretty good indication of intentions", says SIG chief sales and marketing officer Rob Williams speaking at a conference in Hong Kong. A...