In this issue of "Sub-Advisory Quarterly Update," FRC revisits the topic of fund adoptions, examining the current supply and demand dynamics behind this popular arrangement. Additionally, we assess the recent trend of bringing previously sub-advised mandates back in-house. FRC also provides quarterly updates of new sub-advised funds, sub-advisor changes and top-mandate gatherers, as well as the largest sub-advisors and manufacturers of sub-advised products. Also in this issue, FRC demonstrates its new ability to aggregate sub-advisory data on the parent company level.
