Openwork is to launch a discretionary fund manager (DFM) in April, led by former Tilney Bestinvest head of investment Toni Meadows.
Building on Openwork's existing investment proposition Omnis, the new DFM will offer "cost-effective, tailored" solutions to clients seeking to outsource asset allocation decisions. Omnis has £4.2bn...
Two global vehicles
'Further plug advice gap'
Must appoint separate CEOs and boards
Advisers do come out well
Will report to Mark Till