From Adviser Guide:
Outsourcing fund management part 2 1hr
Q: What due diligence should I do when picking a DFM?
The steps you take to narrow down your search will need to be extended into the due diligence stage.
Independent research is critical – don’t just rely on the figures and statistics provided to you by the DFM themselves.
Carl Lamb, managing director of Almary Green, said the ARC Report will help, as will intensive questioning by your investment committee.
The financial security and past performance of both the DFM and the platform provider should be challenged, he added.
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