Increased outsourcing means advisers and clients are now working on the same side of the table to find the best and most appropriate solution, writes Fraser Donaldson
A Defaqto survey carried out at the end of last year indicated around four-fifths (83%) of advisers were outsourcing some or all of the management of their clients' portfolios to multi-asset specialists. Some 60% was going the way of discretionary management services and around 13% was being invested in multi-asset funds. A small amount of portfolio management is still undertaken by advisers using single asset funds, but this only registered around 14%. Increased outsourcing means advisers and clients are now working on the same side of the table to find the best and most appropriate sol...
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