Recipe for a successful boutique fund manager

distribution

Nimble funds and managers that are properly incentivised to drive performance mean smaller players are well placed to outperform their larger rivals as long as the right business plan is in place

The demise of with-profits products and defined benefit pension schemes, coupled with regulatory demands for increased charging transparency, are driving an increased demand for quality-assured asset management products. With this comes the need for efficient investment allocation by intermediaries. The advent of open architecture and fund supermarkets has broken up the cosy life company/asset management cartels. This, for the first time, gives the intermediary access to the mass of funds within a product wrapper. The corollary is that 'open access' is making the intermediary more accoun...