DFMs hindering trust take-up on platforms
Discretionary fund managers’ lack of willingness to use investment companies in model portfolios is hindering their adoption on advised platforms, according to the Lang Cat.
Lang Cat
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SJP unlikely to dump the Woodford gravy train
St James’s Place’s partnership with Neil Woodford is unlikely to end any time soon, despite many discretionary fund managers and platforms dropping the star fund manager on underperformance.
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Pension transfer boom over says Lang Cat
The UK’s pension transfer boom could be over, according to research by financial services consultancy firm The Lang Cat.
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Adviser platforms clinging to ‘old world inefficiency’
Most advised platforms are relying on “inefficient” and “old school” processes and are a long way off from a fully digitalised service, a new study by the Lang Cat has shown.
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Lang Cat: 90% of platform assets at risk of disruption
Approximately 90% of the £519bn assets held on adviser platforms are subject to disruption from a major business change, according to the Lang Cat.
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Fund platforms lose market dominance
Platforms’ market dominance has declined over the past year, according to the Investment Association’s (IA) January statistics.
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Platforms are dead, says The Lang Cat boss
Platforms have spurned the gift of the retail distribution review (RDR) and are dead, according to Mark Polson, founder of financial services consultancy The Lang Cat.
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Mifid II exposes ‘charging grubbiness’ of top 20 funds
Some of the biggest names in UK retail are charging investors nearly double the ongoing charges figure (OCF) of their funds, Mifid II regulations have brought to light.
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DFMs and the transparency challenge
Discretionary fund managers (DFMs) need to considerably up their game on transparency if they are to meet the ongoing trend for advisers to outsource investment decisions and the regulatory demand from Mifid II, research has found.
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Skandia shines light on opaque outsourcing fees
New analysis by the Lang Cat has highlighted the opaque nature of portfolio management fee structures used by many discretionary fund managers