PSigma is adding institutional shares to Bill Mott and Neil Cumming's portfolios following demand fr...
PSigma is adding institutional shares to Bill Mott and Neil Cumming's portfolios following demand from funds of funds managers for access with clear fees. It is the latest group to provide wholesale investors with share classes who do not require fees to be rebated after discounts and commission. Investment Week reported earlier this month that Artemis is launching institutional share classes across its entire range following the introduction of Mifid. Rensburg and Jupiter also said they were considering the option of introducing institutional classes. Larger buyers, such as multi-m...
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