Matt Lonsdale, head of intermediary business development at Thomas Miller Investment, calls for discretionary fund managers to be bolder in their decisions.
The most important question we should ask any potential investor is: what do you need this money to do? I doubt the answer will ever be to outperform a balanced index, net of charges, over five to seven...
Two global vehicles
'Further plug advice gap'
Must appoint separate CEOs and boards
Advisers do come out well
Will report to Mark Till