Advisers' DFM use doubles in a year
Now accounts for a quarter of investment approaches
A new survey by Nucleus suggests advisers' use of discretionary fund managers (DFMs) has more than doubled in the last 12 months. But what does this mean for the market - and what do advisers really think about DFMs?
According to a census of 200 financial advisers undertaken by Nucleus, the use of third-party DFMs by the advisory sector has doubled in the last year and now accounts for almost a quarter (24%) of all...
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