Some 34% of client portfolios are being outsourced to discretionary fund managers (DFMs), up from 28% in 2011, according to research released today.
FE Research has launched a range of 15 risk-targeted portfolios to aid advisers in the run up to the Retail Distribution Review (RDR).
Asset management firms outsourcing parts of their investment process may be abdicating their responsibility to the consumer, according to the Financial Services Authority (FSA).
J. P. Morgan Asset Management is to develop an investment outsourcing proposition for financial advisers.