Is there such a thing as a ‘good’ performance fee?
‘It should not be like winning the lottery – you want managers to outperform the following year, not think about early retirement’
‘It should not be like winning the lottery – you want managers to outperform the following year, not think about early retirement’
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‘Dividend heroes’ have persevered through Black Monday, global financial crisis and the coronavirus pandemic
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Excluding VCTs – 96 out of 240 investment companies still charge performance fees
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Investment trade body argues use of the Priips documents should be suspended
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Demand for renewable energy, infrastructure and growth capital trusts sees secondary fundraising surpass 2019 and 2020
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Richard Stone takes over from Ian Sayers in September
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Trusts are subject to double taxation under the current regime whereas open-ended funds are not
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Sayers has been at the investment trust trade body since 1999
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‘Given the distinct characteristics of each of these areas, it makes sense to compare them like-with-like’
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Investment companies showed resilience in the face of the pandemic, with assets smashing a record £229bn
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Seneca Global Growth & Income has lower risk profile than if it were an open-ended fund
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Investec Wealth and Brewin Dolphin among wealth managers that have become net sellers of investment trusts
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