London & Capital launches on Aviva in platform push

clock

Aviva has added discretionary fund manager London & Capital's (L&C's) 13 portfolios to its platform.

They include ten actively managed and risk-graded growth portfolios, and three income portfolios. L&C's 25bps charge, along with a major distribution push, are major drivers of growth, said co-founder Richard Leigh (pictured). "We doubled AUM in 2012, and just two months into RDR [Retail Distribution Review], we are seeing a real surge of advisers outsourcing to access our portfolios," he said. Phil Ralli, senior marketing manager at Aviva, said advisers looked to "affordable DFM solutions" as a key part of their investment approach. The DFM is currently listed on a number of pl...

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 Wrap/platforms

Platform innovation: Terry Huddart on Platform One's execution only portal

Platform innovation: Terry Huddart on Platform One's execution only portal

'It's continuing to garner a good reputation in terms of its UX'

Terry Huddart
clock 21 May 2025 • 6 min read
Back to basics: Let's not forget platforms' fundamental attractions

Back to basics: Let's not forget platforms' fundamental attractions

'Providers have to shoulder the bulk of the blame for this knowledge gap'

Steve Andrews
clock 20 May 2025 • 4 min read
Hargreaves Lansdown and Moneyfarm top the tables in D2C platform market

Hargreaves Lansdown and Moneyfarm top the tables in D2C platform market

Industry assets grew by £2.7bn

Isabel Baxter
clock 12 May 2025 • 2 min read