‘Mandate solutions’ could start to replace investment funds

In this article published in Investment Officer Peter Dom addresses the structure of investment propositions at major Dutch banks with a decreasing role for traditional investment funds. The article specifically describes the new structure at @Rabobank which is based on funds of mandates. This provides the (private) bank with more control over the proposition including specific requirements against lower costs, taking the approach to an institutional level. Will other countries follow this Dutch development? You can read the article here.