FM market grows 20% in a year but consultants lose market share

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Specialist managers are securing an increasing slice of the fiduciary management (FM) market as a result of improved governance and appointment processes, according to research from KPMG.

The consultant's latest UK Fiduciary Management Market Survey found the market grew by 20% last year, with 211 fully delegated mandates now covering £29bn in assets under management (AUM). But i...

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