LONDON (1 October 2024) – Model portfolio sales in the UK financial adviser channel slowed during the first half of 2024 as the boom of the past 12 months ran out of steam, new data from ISS Market Intelligence (ISS MI) reveals.
Model portfolio sales grew just 6 percent over the course of 1H 2024, both in aggregate and amongst individual firms using model portfolios, down from 13 percent in the same period a year earlier. Channel gross sales meanwhile grew by 14 percent.
Due to relatively modest sales growth, model portfolios’ share of channel sales reverted to 51 percent, which is where it was at the beginning of 2023.
The data comes from ISS MI’s Model Portfolio Sales Report, which draws on adviser platform data to unpick the market structures, trends and opportunities at a firm, model provider and fund level.
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About ISS Market Intelligence
ISS Market Intelligence (MI) is a leading provider of data, insights, and market engagement solutions to the global financial services industry. ISS MI empowers asset and wealth management firms, insurance companies, distributors, service providers, and technology firms to assess their target markets, identify and analyze the best opportunities within those markets, and execute on comprehensive go-to-market initiatives to grow their business. Clients benefit from our increasingly connected global platform that leverages a combination of proprietary data, powerful analytics, timely and relevant insights, in-depth research, as well as an extensive suite of industry-leading media brands that deliver unmatched market connectivity through news and editorial content, events, training, ratings, and awards.
About ISS STOXX
ISS STOXX GmbH, through its group companies, is a leading provider of comprehensive and data-centric research and technology solutions that help capital market participants identify investment opportunities, detect qualitative and quantitative portfolio company risks, and meet evolving regulatory requirements. With roots dating back to 1985, we today deliver world-class benchmark and custom indices across asset classes and geographies and serve as a premier source of independent corporate governance, sustainability, cyber risk, and fund intelligence research, data, and related offerings. Our products and services give clients the scale and leverage they need to grow their business more effectively and efficiently. ISS STOXX, which is majority owned by Deutsche Börse Group, is comprised of more than 3,400 professionals operating across 33 global locations in 19 countries. Its approximately 6,400 clients include many of the world’s leading institutional investors who turn to ISS STOXX for its objective and varied offerings, as well as companies focused on ESG, cyber, and governance risk mitigation as a shareholder value enhancing measure. Clients rely on ISS STOXX’s expertise to help them make informed decisions to benefit their stakeholders.
Media Contact:
Georgia Reveley,
Vice President, Marketing
press@issmarketintelligence.com
Model Portfolio Sales Slowed in First Half of 2024, ISS Market Intelligence Research Finds
LONDON (1 October 2024) – Model portfolio sales in the UK financial adviser channel slowed during the first half of 2024 as the boom of the past 12 months ran out of steam, new data from ISS Market Intelligence (ISS MI) reveals.
Model portfolio sales grew just 6 percent over the course of 1H 2024, both in aggregate and amongst individual firms using model portfolios, down from 13 percent in the same period a year earlier. Channel gross sales meanwhile grew by 14 percent.
Due to relatively modest sales growth, model portfolios’ share of channel sales reverted to 51 percent, which is where it was at the beginning of 2023.
The data comes from ISS MI’s Model Portfolio Sales Report, which draws on adviser platform data to unpick the market structures, trends and opportunities at a firm, model provider and fund level.
Read More
###
About ISS Market Intelligence
ISS Market Intelligence (MI) is a leading provider of data, insights, and market engagement solutions to the global financial services industry. ISS MI empowers asset and wealth management firms, insurance companies, distributors, service providers, and technology firms to assess their target markets, identify and analyze the best opportunities within those markets, and execute on comprehensive go-to-market initiatives to grow their business. Clients benefit from our increasingly connected global platform that leverages a combination of proprietary data, powerful analytics, timely and relevant insights, in-depth research, as well as an extensive suite of industry-leading media brands that deliver unmatched market connectivity through news and editorial content, events, training, ratings, and awards.
About ISS STOXX
ISS STOXX GmbH, through its group companies, is a leading provider of comprehensive and data-centric research and technology solutions that help capital market participants identify investment opportunities, detect qualitative and quantitative portfolio company risks, and meet evolving regulatory requirements. With roots dating back to 1985, we today deliver world-class benchmark and custom indices across asset classes and geographies and serve as a premier source of independent corporate governance, sustainability, cyber risk, and fund intelligence research, data, and related offerings. Our products and services give clients the scale and leverage they need to grow their business more effectively and efficiently. ISS STOXX, which is majority owned by Deutsche Börse Group, is comprised of more than 3,400 professionals operating across 33 global locations in 19 countries. Its approximately 6,400 clients include many of the world’s leading institutional investors who turn to ISS STOXX for its objective and varied offerings, as well as companies focused on ESG, cyber, and governance risk mitigation as a shareholder value enhancing measure. Clients rely on ISS STOXX’s expertise to help them make informed decisions to benefit their stakeholders.
Media Contact:
Georgia Reveley,
Vice President, Marketing
press@issmarketintelligence.com
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