IFA consolidator sets up investment management arm
It will be ‘radically different from traditional DFMs’
DFM
-
-
IFA group inks fourth acquisition of the year
As it names CIO to oversee its discretionary fund management arm
-
Markets put hard brakes on MPS asset growth
‘Financial advisers and clients are postponing portfolio changes due to volatility’
-
HSBC PB unveils DFM service for clients in Asia
To meet customer demands for discretionary mandates
-
Titan AM to roll out model portfolios for international market
It is the first phase of the group’s expansion into the global adviser and private client sectors
-
Cost and loss of control worry advisers when outsourcing CIP
Centralised investment propositions could become ‘unmanageable’ for 97% of firms
-
UK wealth firm makes second DFM acquisition of 2022
Deal adds around £180m in assets under management
-
Asset manager buys 50% stake in DFM for £7m
Deal adds £800m in assets under management
-
Octopus Investments merges away ‘uncompetitive’ DFM offering
Customers will incur higher fees
-
DFM consolidator Titan Wealth buys Cardale Asset Management
Company acquired Tavistock’s £1bn multi-asset arm in June 2021
-
No danger DFMs want to steal advisers’ clients
IFAs ‘absolutely in the driving seat’ when it comes to relationship with discretionary fund managers
-
M&G buys investment manager to enter MPS space
It plans to cut acquired firm’s fees to 0.15%