The big boss at the lang cat tackles the topic of vertical integration (VI), explaining what it means to him. Mark also outlines what he thinks is driving the big trends towards consolidation in the industry, before looking into whether there is evidence to show that these propositions are genuinely beneficial for customers.
The value of investments can go down as well as up and your client may not get back their original investment.
For professional advisers’ use only.
Not to be used by retail clients.