Wealth Manager - the site for professional investment managers

Register to get unlimited access to Citywire’s fund manager database. 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 The CEO tapes: 'the only reason you get fired is relationships'

The CEO tapes: 'the only reason you get fired is relationships'

In today’s instalment of the CEO tapes, four top asset management chief executives discuss corporate culture and how you ensure that you get it right.

1 Comment Play The CEO tapes: the 'laddish' fund manager culture

The CEO tapes: the 'laddish' fund manager culture

In the first of 10-part series, four of the UK's best known fund bosses discuss the sensitive issue of female representation across the industry.

Play Video exclusive: Martin Gilbert grilled on Standard Life deal

Video exclusive: Martin Gilbert grilled on Standard Life deal

In this revealing interview, Aberdeen's boss offers the inside story on his firm's mega merger with Standard Life.

Read More
Your Business: Cover Star Club

Profile: how Cerno was forged in Asia's boom and bust

Profile: how Cerno was forged in Asia's boom and bust

Cerno Capital’s investment philosophy was born in the spectacular boom and bust of Asia in the 1990s.

Wealth Manager on Twitter