Seven of the UK's largest asset managers are teaming up to gather information on end investors' needs in a move which could trigger changes to their fund ranges.
It could also help satisfy a regulator which is understood to be placing the design of retail products under increasing scrutiny. The groups – Aberdeen, Henderson, Investec, J. P. Morgan Asset Management, Old Mutual Global Investors, Schroders and Threadneedle – are pooling resources to better discover consumers’ understanding of the asset management industry, its products, and its terminology. The research involves surveying would-be investors, on subjects ranging from understanding of common industry terms to product expectations. “We have formed a syndicate of seven asset manage...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes