Investment company purchases on platforms by advisers and wealth managers are up 53% in the first six months of 2013 against the same period last year, research by the Association of Investment Companies (AIC) suggests.
Are advisers better off leaving fund share class conversions to platforms (as some have suggested), or should they carry it out themselves?
Wrap platform Ascentric and institutional arm IFDL grew combined total assets by 20% over the first six months of the year to £6.2bn.
Investment Funds Direct Limited (IFDL) has selected Bravura Solutions as its preferred back office technology partner.
Natanje Holt asks whether the growth of the D2C platform market is one benefit from RDR
Ascentric has become one of the first platforms to explicitly rule out lobbying for super-clean share classes.
Platforms may be forced to abandon plans for ‘super-clean' share classes as the number of firms demanding the special terms continues to rise, according to a consultant.