Almost all (97%) financial advisers have either updated their centralised investment propositions (CIP) in the last 12 months or plan to, according to research from Momentum Global Investment Management.
For those advisers that either updated their CIP or expect to shortly, the impact of the Covid-19 pandemic (66%) and Brexit (45%), were cited as the core drivers for reassessing their proposition. Furthermore, market volatility (37%) and a perceived shift in investment landscape (34%) were other factors that drove advisers into. Regarding the options available to advisers, the selection of third-party multi-asset funds (40%) came top, while a model portfolio service (22%) was the other prime investment proposition cited. Momentum Global Investment Management chief executive Ferdi ...
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