Fiduciary management: All-clear for UK consultancies

IPE article on the CMA review with comments by Mark Hodgson, Managing Director

“If you speak to the big consultants, they’re probably quite happy with the result, because they are not being asked to do anything drastic, such as splitting out their businesses. They’ve actually come out of it pretty well. If you talk to the smaller consultants or pure fiduciary managers, they’ll probably say it’s good for them, because it means they’ll see more tenders. Firms such as ourselves that do a bit of both are also happy, we might see more opportunities in the market.” […]

As published in Investment & Pensions Europe