Best of Breed

The shift towards employee owned boutiques highlights a global trend towards gatekeeper and research house preference for best quality manufacturing. In Australia, a clear distinction is emerging between financial institutions whose profitability and success depends on distribution power and technological proficiency in platforms and those whose success is tied to investment performance. Vaughan Associates believes that best quality manufacturing will ultimately rise to the top and without this, firms will be forced to vacate investment management for other parts of the value chain.