Wraps and real estate reign in UK
Financial advisers in the United Kingdom believe wraps and real estate investment trusts represent the most promising area for future growth, according to data released today by British-based research house Datamonitor.
The research said, however, that despite the optimistic view attaching to these two specific products, financial advisers in general believe sales of many savings products would remain unchanged over the next six months.
It said that away from protection products, financial advisers were most enthused about the inherent potential of wrap platforms and real estate investment trusts, while personal and self-invested pensions were also part of their favourite propositions.
The research said that the more upbeat outlook with respect to personal pensions was unsurprising given the recent increased desire from investors to exercise control over their retirement planning strategy.
AUTHOR
Mike Taylor
Recommended for you
Ausbil is growing its active ETF range with an ESG product in collaboration with sister company Candriam.
Philanthropic investment group Future Generation’s CEO, Caroline Gurney, will step down from her role at the start of next year.
The newly combined L1 Group is expectant of stabilising Platinum’s falling funds under management within the next 18 months, unveiling four growth pathways and a $330 million equity raise.
Janus Henderson Investors has launched a global small-cap fund for Australian investors, which includes a 5.4 per cent weighting to Australian equities.
