The number of wealth managers using segregated mandates to populate their own in-house vehicles rose 17% in 2018, with an estimated £112bn of assets now sitting in retail segregated mandates, as research indicated this number is set to increase.
Currently, eight wealth managers use segregated mandates with another (AFH Wealth Management) set to launch in 2019, according to research by NextWealth. Meanwhile, four more firms have put tenders...
Vitality at Work scheme
Reporting to Steve Hill
Appointed on 19 September
Plans to double size in five years
Unnamed company valuation reduced