I would say that they are the best funds distributor around. I am a bit circumspect about all the LICs and ETFs that they are pushing their managers into. But remains to be seen if they handle that appropriately. It's always a bit concerning if a business gets too in love with headlong growth. I do keep thinking about purchasing a few. Their announcement of acquiring a stake in Metrics Capital yesterday was interesting, gives them a bit of insulation from equity market sensitivity in their managers.
