SLI slashes MyFolio charges
Standard Life Investments (SLI) has decided to slash the annual management charges on the majority of its shareholder classes within its multi-manager MyFolio range.
Standard Life Investments (SLI) has decided to slash the annual management charges on the majority of its shareholder classes within its multi-manager MyFolio range.
Fidelity International’s announcement that it will implement a performance-based fee sparked mixed reactions in the industry, with some calling it “innovative” and others saying it missed the mark.
Fidelity International has decided it will pass on costs for external research under Mifid II to clients.
Fidelity International is the first major asset manager to make a switch to a “value for money” charging structure. The asset manager will give money back to clients when its funds underperform.
Fidelity International’s James Bateman believes oil is a better “Armageddon hedge” than gold because it is needed irrespective of market conditions whereas gold is not.
Gravis Capital Management has hired ex-Fidelity director Charles Payne as an investment consultant.
The Fidelity Special Situations fund has made a return to Liontrust’s managed portfolio service in what manager John Husselbee has described as a “contrarian” move.
The S&P 500 just keeps setting new all-time highs, but the rally could soon reverse since it’s driven increasingly by technology stocks alone.
Senior staff at Fidelity International have been offered voluntary redundancy as the asset manager tries to trim its size and cut costs.
Is there a potential conflict of interest arising from investment platforms or “fund supermarkets” recommending their own products to clients?
Despite a murkier outlook for global inflation, there could be “positive surprises” ahead which make inflation-linked bonds an attractive diversifier, Fidelity International says.
In the not too distant past, the notion of investing in technology for anything but capital growth would have been scoffed at.