Gina Miller urges Treasury to probe FCA over Mifid II failings
SCM Direct boss slams regulator as the ‘industry lapdog’
Fees
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Exiting JPM bond head makes parting shot at industry
Private banker will join industry titan Peter Kraus at new low-cost investment manager
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Invesco launches multi-factor emerging market ETF
Move comes after passive flows into IA Global EM sector hit £83m in Q1
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Investment advisory fees fall 5% over past year
But still up 11% from 2015 level
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Charles Stanley shifts platform fees closer to Hargreaves pricing
D2C investment platform had been considered one of the industry’s cheaper offerings
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AFH Group boss slams platforms as ‘dead weight’
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.
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FCA overestimates platform leverage with fund houses
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.
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Fidelity launches ‘fulcrum’ fee for Special Situations fund
Fidelity International has rolled out its variable management fee share class for five of its flagship Oeics, including the £3.4bn Special Situations fund.
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Lindsell Train bags £3m fees on bond benchmark
Lindsell Train has defended its use of a government bond benchmark for its eponymous investment trust as it rakes in £2.8m in performance fees.
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Temit overlooks Hardenberg exit as discount widens
The Templeton Emerging Markets Investment Trust board has blamed market volatility rather than the sudden exit of its lead manager Carlos Hardenberg for the widening of its discount in February and March.
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Investment trust board hits back at Invesco
The board of Invesco Perpetual Enhanced Income has said it has been vindicated in its spat with the asset manager over fees as it has found alternative options to run the investment trust at a much lower price.
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Determining the value of low-cost ETFs
ETFs have evolved significantly in recent years but do such products have a key place in a portfolio or are issuers falling wide of the mark?
