Charles Stanley CEO on the use of segregated mandates

Retail assets in segregated mandates expected to reach £180bn by end 2020

Charles Stanley CEO Paul Abberley has said the firm isn't ruling out using segregated mandates.

Charles Stanley does not currently use segregated mandates, unlike competitors such as Brewin Dolphin and St. James's place, but Abberley said the firm is "always open to any opportunity". A recent report by NextWealth predicts retail assets in segregated mandates will have doubled since 2017 by the end of 2020, from £86bn at the end of 2017 to £180bn. Commenting on segregated mandates, Abberley said: "We are always open to any opportunity. Our key drivers are generating risk-adjusted returns for clients and offering value for money. We are a broad church in terms of our investment ph...