GROWTH in the use of open architecture platforms has largely been "sluggish" over the past 12 months, with further consolidation likely to be key in shaping the market in the future, according to research company Defaqto.
Defaqto estimates that assets under management for platforms are currently close to £100bn, though more than two thirds of this is accounted for by fund supermarkets. Fraser Donaldson, principal consultant,...
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