DFM

Fresh concerns among advisers about how the Financial Services Authority (FSA) may view their tactical asset allocation calls are helping to drive the growth of discretionary fund managers (DFMs), according to Ascentric chief executive, Hugo Thorman....

OUTSOURCING

Some 57% of advisers have said they plan to outsource to discretionary fund managers (DFMs), according to research released today.

Verbatim Asset Management's discretionary fund manager (DFM) offering is now available on Suffolk Life's single investment manager self-invested personal pension (SimSIPP).

RWC is adding a distribution share class to its Global Convertibles fund in response to demand from UK discretionary fund managers (DFMs).

Discretionary fund managers (DFMs) have expressed scepticism at Skandia's claim its fund panel will be able to compete with them on price.

Aviva is to allow advisers to outsource investment to discretionary fund managers as part of its managed portfolio service.

Wealth manager Caerus has appointed Mansard Capital to run its four risk-rated Dynamically Rebalanced Portfolio funds.

Paraplanners and discretionary fund managers will be the primary beneficiaries of increased outsourcing among advisers, research suggests.

A wealth manager has launched a platform centred on discretionary fund management that claims to reduce costs for advisers by about 1%.