Fidelity offers passive range to FNW clients
Fidelity will next month launch a series of equity-based passive funds with its range now charging ongoing fees as low as 0.09%.
Fidelity will next month launch a series of equity-based passive funds with its range now charging ongoing fees as low as 0.09%.
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For a business that does not give investment advice, does not design or manage portfolios, does not make asset allocation decisions and does not run any money, Cofunds has an extraordinary influence on the rest of the UK investment world.
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The latest comment on the investment industry's consolidation has been targeted at platforms, with Deloitte suggesting a drastic reduction in the number of providers by 2018.
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Fidelity has added its two multi-asset ranges to FundsNetwork, and is launching a pair of new Allocator funds on the platform too, it announced today.
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The number of platform providers is expected to shrink by two-thirds once the terms of the FCA's platform paper are revealed at the end of this month or early next.
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The onset of RDR has heralded a breach in former distribution models, with fund groups no longer confident in adviser recommendations. What have they got up their sleeves instead and will advisers have a role to play at all?
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Absolute return funds dropped out of favour with advisers using FundsNetwork last month as investors turned to multi-asset and mixed-investment portfolios.
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FE Trustnet has partnered with FundsNetwork in an attempt to offer clients a “one-stop shop” for implementing investment decisions.
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Fidelity has appointed Pat Shea as head of FundsNetwork following the departure of David White in June.
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