View more on these topics

Ascentric claims to be fastest growing wrap

Ascentric has now got 156 advisers from 40 firms signed up to its wrap. 

Follwing Ascentric’s announcement that it now had £175m funds on its platform, it is claiming to be the fastest growing wrap platform or fund supermarket in the UK.

Ascentric now has 110 fund managers offering 1770 funds with agreementsin place with 11 pension product partners and 4 offshore bond partners.

Chief executive Hugo Thorman says: “Our tremendous growth has been down to the success of our technology, our ability to recognise and have flexibility in meeting IFA requests, and support from IFAs.

“The variety of funds demanded by the IFAs is considerable and if advisers and clients want access to certain funds a wrap proposition has to be able to respond.  Funds on our platform stretch beyond active equity and bond to a proliferation of property, absolute return and hedge fund, and specialist.  Simply, what we now offer is access to a more sophisticated and diversified investment.”


David Seaton and Ian Hammond

When Seaton first heard Hammond deliver a speech, he thought it was the best he had ever heard but it was years before they worked together as the two main men at Rowanmoor. The partnership they developed was truly a meeting of minds and they work together well, with Seaton doing most of the selling and Hammond most of the administrating. Interview by Will Henley

Advisers told to review trusts

Advisers are being recommended to review clients’ trust arrangements following last week’s proposed changes to inheritance tax.The Chancellor announced that any unused part of a deceased person’s £300,000 nil-rate band will be transferable to their spouse of civil partner and available for use at the time of the survivor’s death.Threesixty partner David Ingram says advisers […]

Gartmore recruits multi-manager

Tony Lanning is joining Gartmore’ multi-manager team. He joins from Arbuthnot Latham after being at Origen and reports to team head Bambos Hambi.

Supermarkets open up audience for boutiques

Fund supermarkets are the ideal scenario for boutiques as they offer them a level playing field, with larger counterparts that have bigger marketing budgets.Cofunds fund manager relations director Russell Lancas-ter said that while boutique firms could not compete with larger players in terms of marketing budget and IFA events, being on a platform opened them […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm