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...
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