DFM

Magellan Research & Investment will operate under P1 Investment Services

The three fundamentals of 'insourcing' explained

Advisers work with an average of 1.7 DFMs, down from 2.2 last year

Nearly half of advisers use a third-party DFM

The asset manager benefits from a ‘larger team’

Failed to uphold integrity and due skill care and diligence principles

Large drop recorded for 2022 in advisers' use of DFMs

DFM business has £6.1bn in asset under management

RIS takes ‘bucketing approach’ to client assets across different time horizons

Service has multi-jurisdictional offerings on its own platform