Professional Adviser: Whitechurch's Haynes - Industry pressure on fees pushing us to passive products | Whitechurch Securities Limited | Redland, Bristol

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Professional Adviser: Whitechurch's Haynes - Industry pressure on fees pushing us to passive products

Gavin Haynes, managing director at Whitechurch Securities, has been increasing the allocation of passive products across the firm's discretionary fund management (DFM) proposition over the past few years as a result of the widening "gulf" in costs between active and passive vehicles.

Speaking to Professional Adviser's sister publication Investment Week, Haynes said passive strategies made up roughly 25% of the portfolios, whereas just a few years ago they made up less than 10%.

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Professional Adviser: Whitechurch's Haynes - Industry pressure on fees pushing us to passive products


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