Half of financial advisers believe Unitised Discretionary Fund Managers (UDFMs) will become increasingly popular among their clients over the next 12 months, the latest study commissioned by Heartwood Investment Management revealed.
Defaqto has launched today Diamond Ratings, a tool to help advisers identify where managed funds sit in the market.
Few UK multi-manager funds have managed to perform consistently since 2008, even though they are increasingly popular, research by Defaqto has shown.
Robust due diligence is essential for advisers selecting discretionary managers, financial research company Defaqto has argued.
Almost nine out of ten of the UK’s financial advisers intend to remain independent under the upcoming Retail Distribution Review (RDR), says a survey by research company Defaqto.
The introduction of unitised portfolios by discretionary firms, as they re-evaluate their approach to the retail market, has increased consumer access to investment management, says Defaqto, a London-based financial research company.
Outsourcing clients’ investment portfolios is likely to increase among multi-managers in the run up to the Retail Distribution Review (RDR) and this will increase the need for robust due diligence, according to research by independent financial research company Defaqto.
Platforms promise easier and cheaper administration of client assets, as well as support for business models in the wake of RDR. Yet it is not certain that the UK experience can be transferred to the rest of Europe.