F&C Asset Management is aiming to exploit the advice gap post retail distribution review (RDR) by increasing its amount of direct business.
F&C said that would expand its direct marketing efforts, currently used to support its investment trust offering, to cover a wider product range in anticipation of a rise in the number of execution-only investors post-RDR.
‘F&C has commissioned independent research indicating that, post-RDR, a significant proportion of individuals with £25,000 to £200,000 of investable assets will self-direct their assets, creating a significantly increased target market for F&C.’
Source Citywire. Read full article here.