Orbis Investments retail arm is lasering in on wholesale growth and exploring the launch of two funds in the UK, leaders at the business told PA.
Speaking during an interview on Orbis' UK retail leadership transition, recently appointed Orbis head of UK retail investments Matthew Spencer outlined that the business will look to build on its regional success with IFAs by growing its wholesale proposition. "What we are currently thinking, is that we resonated with the IFAs, but how do we have the same sort of traction in the more wholesale space?" Spencer said. Orbis Investments' focus is set to ramp up on the discretionary fund management (DFM) and managed portfolio service (MPS) space. The "pendulum has swung" towards MPS and...
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