Investment outsourcing on the up: Is it beneficial to clients?

The advisory consultancy's State of the Adviser Nation Report showed that this year nearly three-quarters (74%) of advisers have outsourced client investment management to multi-managers or multi-asset providers compared to 44% last year. The study, which surveyed a cross-section of advisers, also revealed just more than half (52%) of advisers outsourced to discretionary fund managers this year compared to 38% last year. The lang cat consulting director Mike Barrett said the shift to outsourcing occurred largely in response to regulatory changes such as Mifid II, which put pressure on...