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Adviser platforms see surge in trust purchases


Adviser platforms see surge in trust purchases
Record high in Q1 2021
Share
£368m of investment trusts purchased on adviser platforms in Q1
Demand for investment trusts have led to a record first quarter for adviser platforms with £368m of the asset class purchased, up 22% from the previous record.
The data, compiled by Matrix Financial Clarity, showed there were 1,730 adviser firms and 51 wealth managers buying investment companies between January and March this year. This is the highest number since a jump in Q3 2016 following the EU referendum and the suspension of several open-ended property funds.  
The most popular sectors for adviser platform purchases in Q1 2021 were Global (18% of purchases), UK Equity Income (7%), Global Smaller Companies (6%), Infrastructure (6%), Flexible Investment (5%) and Property - UK Commercial (5%). ....

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Shops and offices have been shuttered - so is UK commercial property still worth investing in?


Can investing in commercial property still be profitable: Warehouses and supermarkets are in - but are offices and the high street out for good?
Certain areas of UK commercial property have struggled in recent years, and this was magnified in 2020 as offices were left empty and shops forced shut
However, trusts with supermarket and warehouse mandates proved popular
Three open-ended property funds remain suspended due to the pandemic
Debate over whether open or closed-ended funds are better suited for illiquid assets such as buildings, which are hard to sell, continues  ....

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Unicorn Underwriting: Unicorn Announces Jon Bryant Appointment to Underwriting Director, Motor Fleet


Unicorn Underwriting: Unicorn Announces Jon Bryant Appointment to Underwriting Director, Motor Fleet
Unicorn Underwriting, the London-based MGA of US wholesale broker Amwins, announces the appointment of Jon Bryant as Underwriting Director, Motor Fleet.
Bryant joins from Markerstudy where he oversaw the UK Commercial lines divisions. Prior to that, he was Divisional Head of Motor Fleet at Zenith Marque. Bryant joins Unicorn at a time of ambitious growth and of broadening capabilities.
Matthew Crane, CEO of Unicorn states: Jon brings with him many years of experience in the UK Commercial lines market, which will be a huge asset to our expanding team. I am looking forward to seeing how he shapes and drives our motor fleet offering at a time when we are seeing our ambitions evolve. ....

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