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.
Fidelity International has rolled out its variable management fee share class for five of its flagship Oeics, including the £3.4bn Special Situations fund.
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.
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.
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.
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?
Only 5% of the top-performing funds in the IA UK All Companies sector have an ongoing charges figure lower than 0.70%, according to analysis by Chelsea Financial Services.
Invesco has announced it is stepping down as investment manager on the Invesco Perpetual Enhanced Income trust, in a shock move that is being put down to a clash with the board over performance fees.
Fidelity Asian Values has become the second investment trust run by the firm to adopt a variable management fee model.
Allianz Global Investors plans to introduce an “outperformance” pricing model on five of its UK retail funds
The Blackrock Smaller Companies Trust is ditching performance fees in an effort to stay competitive with rival investment trusts.
The Financial Conduct Authority (FCA) has today published final rules and guidance from its asset management market study, but its scrutiny of the industry continues with an additional consultation focused on fund objectives and benchmarks.
Fidelity Japanese Values has become the first investment trust run by the asset manager to adopt its variable management fee model, but has also announced plans to switch to a poorer performing benchmark.