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Wells added: “Lowering the hurdle to the 100% level arguably has more to do with accommodating bigger groups that have been unable to meet the previous 110% requirement.
“Lowering the grade, whether in classification of funds, or in other areas like exams, is a backward move in the long run.”
Activist investor is seeking to replace the boards of Baillie Gifford US Growth, Henderson Opportunities and more
After a record year of elections, how do asset managers prepare for the inevitable wave of client requests in the wake of major events?
The Consumer Price Index rose yet again in November as fuel costs increased, making an interest rate cut unlikely
Chancellor proposed the idea at her Mansion House speech last month
Richard Thorn to retire after near four decades with Quilter Cheviot
Funds include biotech, global, US, multi asset and UK mandates
