UK fund giants join forces to better understand end investor

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Seven of the UK's largest asset managers are teaming up to gather information on end investors' needs in a move which could trigger changes to their fund ranges.

It could also help satisfy a regulator which is understood to be placing the design of retail products under increasing scrutiny. The groups – Aberdeen, Henderson, Investec, J. P. Morgan Asset Management, Old Mutual Global Investors, Schroders and Threadneedle – are pooling resources to better discover consumers’ understanding of the asset management industry, its products, and its terminology. The research involves surveying would-be investors, on subjects ranging from understanding of common industry terms to product expectations. “We have formed a syndicate of seven asset manage...

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