Our regular round-up of the latest insights on investment distribution
Asset management at a crossroads
The role of asset management looks to be changing as fund managers lose influence and experience falling profit margins. Asset management used to be the main bit of the value chain. If investment performance was good, it didn’t matter how far removed fund managers...
Jeremy Fawcett 30 August 2019
Taxing times for rebates in the UK
Rebates have been confirmed as taxable this month, in the long-running clash between Hargreaves Lansdown and HMRC. This effectively confirms ‘superclean’ share classes are the most tax-efficient mechanism for delivering preferential rates on funds, rather than the...
Richard Bradley 23 August 2019
Challenger tanks on the investment lawn
Challengers are moving into the online investing arena. Revolut has started rolling out ‘zero-commission’ stock trading, Robinhood has received approval from the FCA to expand its services to the UK, while Freetrade has the first-mover advantage in the UK and is...
Cristina Puscas 16 August 2019
DFMs and platform consistency
DFMs are a large and expanding channel for retail investment distribution, with impressive growth from the financial adviser sector via their model portfolios on platforms. Now more than ever, asset managers need to understand how DFMs construct their portfolios,...
Andrew Ashwood 09 August 2019
Consolidation continues in the platform (tech) market
We’re seeing mergers, acquisitions and partnerships in the platform technology market across Europe and the UK. Some pretty mind-boggling numbers are being thrown around in the European platform market. Allfunds’ platform will administer half a trillion euros of...
Richard Bradley 02 August 2019
Age is more than a number when it comes to non-advised investing
Age is not just a number, it is one of the most defining variables in British investors’ decision making. Understanding what drives consumers to make choices about investment services and products is critical for firms when developing distribution and marketing...
Ross Langbridge 26 July 2019