Kames Capital bond fund fee cut a 'sign of things to come'

Industry commentators are calling Kames Capital's decision to cut its bond fund fees a "sign of things to come" for fixed income funds which are still deemed expensive, with the rise in popularity of bond ETFs adding to the pricing pressure.

Earlier this week, Kames announced it was reducing the fees across its fixed income range in a bid to "remain competitive and provide investors with value for money". Nine of the firm's UK and Dublin-domiciled...