Investment company purchases by intermediaries and wealth managers through adviser platforms hit a record high of £514m in the first six months of 2017, according to the latest data from the Association of Investment Companies (AIC).
This is the highest figure for the first half of any year on record, representing an increase of 74% on purchases during the same period in 2016 and a 26% rise on 2015. Platform purchases reached the...
Leader of People's Party
Listing two global equities strategies
Aims to encourage competition in industry
Markets went into freefall
Issued 50,000 new shares