David Ferguson

Following year of 'substantial investment'

Who pays for platforms?

Which stories dominated the headlines?

Initial value of £140m

'£150m valuation’

Retail fund management is "out of control" and should borrow ideas from the institutional sector to radically reorganise, Nucleus chief executive David Ferguson has said.

Nucleus has boosted assets under administration by 25% year-on-year in the third quarter after a strong summer for gross inflows.