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FundsNetwork: 50% of advisers increasing use of model portfolios and managed funds


Research by Fidelity Fundsnetwork shows 51 per cent of advisers are looking to increase their use of model portfolios post-RDR and 47 per cent are looking more at managed funds.

The survey of over 200 advisers shows while 60 per cent of advisers feel regulatory change has led to an increase in outsourcing their investment portfolio management, only 14 per cent are looking to outsource more to DFMs.

Bespoke portfolios look set to take the biggest hit, with over a third of advisers indicating that they will use these less in the post-RDR environment.

Fidelity head of UK retail sales Ben Waterhouse says: “As advisers continue to enhance their fee based customer proposition, the demand for outsourced investment solutions gathers pace.”

FundsNetwork head of sales Paul Richards says: “The survey results show advisers feel they are under a significant amount of pressure to meet new regulations and, as a result, are looking to utilise services such as managed solutions and model portfolios.

“It is therefore crucial that both platforms and providers offer access to these types of solutions as they can help advisers build a robust, cost effective and future proof business model.”


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There are 2 comments at the moment, we would love to hear your opinion too.

  1. Not unsurprising, the adviser community is not overburdened with CFAs. I’d love to claim that I’m a consistent fund picker.

    To do this compliantly on 50 or even 95 basis points is a struggle.

  2. Again spurious research (or spurious reporting?0.

    What this says is that 51 per cent of advisers using Fidelity Funds Network will increase use of model portfolios and managed funds.

    That is NOT the same as assuming that it is 50% of all advisers.

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