Banks offer field day for funds

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From Archive 03 November 2003

By PWM Editor

Professional Wealth Management held a successful forum in London in early October to discuss the future of open architecture distribution of mutual funds in Europe.
This was attended by more than 170 delegates from Continental Europe and the UK. Participants included leading manufacturers and distributors of investment products.
They discussed different distribution models and channels, how far banks should open up, and most crucial of all, what effect open architecture would have on the bottom line. Over the following five pages are some edited extracts of key speeches and discussions from the first day of the forum.
– Reporting by Roxane McMeeken and Yuri Bender

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Banks offer field day for funds

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