Aberdeen disappoints on fees as it overhauls trust
Asian Smaller Companies rebrands and promotes Hugh Young in raft of changes
Asian Smaller Companies rebrands and promotes Hugh Young in raft of changes
Becomes latest platform to ditch exit fees after regulator’s study
Merian boss admits leveraged spin-out comes with risks this late in the cycle
Legacy assets in certain active fixed income funds have seen fees rise 20%
Fundsmith Equity shunned despite lower fees and longer track record than some constituents
SCM Direct boss slams regulator as the ‘industry lapdog’
Private banker will join industry titan Peter Kraus at new low-cost investment manager
Move comes after passive flows into IA Global EM sector hit £83m in Q1
But still up 11% from 2015 level
D2C investment platform had been considered one of the industry’s cheaper offerings
UK investment management company AFH Group has blasted platforms as too expensive and announced the company will be absorbing fees for new clients and scrapping them for existing clients.
The Financial Conduct Authority has failed to recognise platforms with whole of market fund offerings lack the negotiating power of their peers who have buy lists or limited fund ranges as it calls on the industry to drive down fund fees on behalf of consumers.