BMO Gam upsizes low-cost range to rival 7IM and AJ Bell
Paul Niven’s range has amassed £300m since launch two years ago
Paul Niven’s range has amassed £300m since launch two years ago
Critics argue the sustainable withdrawal rate is ‘meaningless’
Passive model portfolios charging 0.15% per annum
DFM has been hit by rising costs and slew of senior departures
Overall costs spike to £33.1m from £29.9m in 2017
But £900m increase is less than £1.1bn taken on from Tcam acquisition
Closed-ended funds specialist was part of the recent spate of 7IM departures
Tom Sheridan makes way for replacement with ‘external perspective’
Damian Barry exit follows departure of investment trust specialist Simon Moore
Growing part of the investment market could soon have its own sector
Chris Darbyshire was ousted last year following “strategic differences”
Hire Terence Moll has also worked for Investec Asset Management