Adviser platforms now hold a tenth of their assets in passive investments, with 9% in tracker funds but just 1% in exchange-traded funds (ETFs), research from Platforum has found.
In contrast, direct-to-consumer (D2C) platforms hold 8% of their assets in passives but with a higher proportion in ETFs - the split being 5% in tracker funds and 3% in ETFs. While few advisers (6%)...
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