Virgin tracker with 1% fee dominates Aberdeen Standard deal
Three-quarters of the assets Aberdeen Standard Investments will be managing for Virgin Money sit in the UK’s costliest tracker.
Miton boss dismisses extending tiered fees to Oeics
Miton chief executive David Barron has dismissed extending tiered fees on investment trusts to the boutique manager’s open-ended range, arguing fixed ad valorem fees are easier to understand.
Baillie Gifford: We expect to get some picks wrong on US trust
The Baillie Gifford US equities team expects to get some of its unquoted stock picks wrong for its upcoming trust but argues that only a small number of exceptional growth companies matter.
Lang Cat: 90% of platform assets at risk of disruption
Approximately 90% of the £519bn assets held on adviser platforms are subject to disruption from a major business change, according to the Lang Cat.