RDR

Asset managers are entering an era of fund rationalisation as cost pressures mark the beginning of the end for oversized product ranges, according to Threadneedle's Nick Ring.

UK Equities

ITs

Advisers "substantially underestimate" the threat from direct to consumer (D2C) businesses and are "over optimistic" about future revenues post-Retail Distribution Review (RDR), according to a wide ranging study by Cass Business School.

Henderson has delayed commission payments to over 7,000 advisers for three weeks due to additional checks needed following the RDR.

James Hambro & Partners has seen assets under management break through the £1bn barrier after strong flows in the last twelve months, the group reported today.

REGULATION

While asset managers have enjoyed 12 months of healthy bottom line growth, some of the UK's highest profile wealth managers appear to be at a different stage of the cycle.

Structured products are rarely used on platforms in the UK but Jasper Thomas, investment funds manager at Aviva Pensions & Investments, says there are more reasons than ever for financial advisers to be considering them in a post-RDR world.

Some of the UK's largest fund houses are considering launching retail share classes with a 0% AMC rather than provide platforms with ‘super clean' alternatives.