Ex-Fidelity man launches multi-manager research house

29 June 2010 | By Nick Rice

Scopic Research will rate and report on multi-manager funds, execute due diligence on them and monitor their investments, team and process.

Subscriptions to ratings and reports will be available online later this year. Scopic will also perform consultancy work on request.

Ilott says advisers are turning increasingly to investment outsourcing, including multi-manager, as a result of the retail distribution review and Treating Customers Fairly.

The increasing sophistication of multi-manager funds has increased demand for a research service, he says, although ratings services are already available through such providers as Morningstar, OBSR and S&P. (article continues below)

Ilott worked as an IFA for 10 years, becoming head of communications at Bates Investment Services in 2001 and later at Fidelity’s multi-manager business in 2007. He left Fidelity in March 2009.

To receive more relevant articles like this one, why not sign up to our briefings and breaking alerts by clicking here and Follow @fundweb