Wealth Manager - the site for professional investment managers

Register for full access to Citywire’s Fund Manager database, news and analysis. Registration is free and only takes a minute.

Threadneedle eyes platform launch to exploit RDR

1 comment
Threadneedle eyes platform launch to exploit RDR

Asset manager Threadneedle is looking to join the growing execution-only platform market to take advantage of the advice gap created by the retail distribution review (RDR), writes Jun Merrett.

Our sister publication New Model Adviser® understands the fund group has been in talks with platform provider Cofunds over white labelling its offering after the two companies worked together on Threadneedle’s internal staff ISA platform.

The fund group is now looking into how to broaden the offering to the wider market. Gary Collins, head of UK wholesale at Threadneedle, said: ‘Inevitably RDR will open up many opportunities in the market and we have begun exploring the possibility of a direct offering for our clients.’

Rival fund manager JP Morgan (JPM) is currently the only fund group to offer an execution-only platform. Campbell Fleming (pictured), Threadneedle executive director, was previously managing director at JPM and oversaw its platform launch.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Investment Pulse: the highs and lows of 2014

Investment Pulse: the highs and lows of 2014

This week's Investment Pulse looks back at some of the biggest stories of the year as well as looking forward to 2015.

Play Inside ETFs: Why the US bull-run still has legs

Inside ETFs: Why the US bull-run still has legs

Global equities suffered a sharp sell-off in the third quarter but exchange traded fund investors are continuing to back the US to outperform in 2015

Play Paul Niven: I won't rip up the Foreign & Colonial Trust history book

Paul Niven: I won't rip up the Foreign & Colonial Trust history book

The newly appointed manager of the Foreign & Colonial trust talks about his plans for UK's oldest investment company.

Your Business: Cover Star Club

Manchester wealth firm hires Coutts director for London launch

Manchester wealth firm hires Coutts director for London launch

Former Coutts director Tony Robinson has joined Chartered Wealth Management to head the company’s newly opened London office.

Wealth Manager on Twitter