Bundled share classes see ‘modest fee trimming’ post-RDR
Legacy assets in certain active fixed income funds have seen fees rise 20%
Clean Share Class
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Cofunds launches key partnerships
Cofunds has appointed key consultancy teams from a wide range of backgrounds who will focus on migrating back book to explicit pricing.
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Clean share classes to attract majority of assets
The majority of advisers believe at least 50% of all new platform business will be directed into clean share classes over the next 12 months.
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All change at Cofunds
Cofunds has announced plans to offer 3,000 clean fee share classes by July, up from 2,700 now, while Fidelity FundsNetwork's aim by June is only a third of that level at 1,000, Portfolio Adviser can reveal.