'Aggressive' fund managers stand to double market share with super clean

A number of asset managers stand to double their market share if they are prepared to be aggressive on super clean pricing, according to research from Barclays.

Analysts at the group have indicated that super clean share classes are set to become increasingly commonplace going forwards, leading to 'big brand' fund managers taking a larger market share and the six largest platforms controlling the majority of discount deals in the platform space. Barclays research analyst director Daniel Garrod said: "The Retail Distribution Review (RDR) could cause a concentration of market share with potentially strong advantages for the bigger players who can absorb these super clean discounts. "It may not be the two largest [retail asset managers] who are ...