by Jeremy Fawcett | 18 November 2016 | Archive
The FCA had a hunch that the asset management industry might be vulnerable to charges of fat cattery and that view is confirmed today in the interim report of the Asset Management Market Study. In the subtly understated words of Andrew Bailey this morning: “This is an...
by Jeremy Fawcett | 07 October 2016 | Archive
Some people will be relieved to see Nutmeg announcing a £9m loss, but we think that this masks some important pointers for financial advisers. Nutmeg had good revenue growth through 2015 and is rumoured to be close to the £500m AUM mark today. If it can contain its...
by Jeremy Fawcett | 09 September 2016 | Archive
Adviser platform assets reached £378bn at the end of Q2 and our latest UK Adviser Guide, published this week, details a sector with as many moving part as ever. We’re seeing the impact of the pension freedoms driving new assets onto platform which is making up 77% of...
by Jeremy Fawcett | 29 July 2016 | Archive
As from yesterday, Scalable Capital is now fully live in the UK. While it might represent the next generation of robo-adviser from an investment management perspective, the future for ‘independents’ looks challenging as they struggle to achieve scale. Having said...
by Jeremy Fawcett | 13 May 2016 | Archive
It was a huge week for platforms. Standard Life announced its intent to acquire AXA Portfolio Services (including the Elevate platform) and Aegon announced that it would acquire BlackRock’s DC book of business. Some believe it is the start of a massive wave of...