Baillie Gifford cuts AMC on Greater China fund

Baillie Gifford is to cut the AMC on its Greater China fund to bring it in line with the firm's other equity products.

From 1 May, the fee for A class shares in the £25.96m fund, managed by Mike Gush and Richard Sneller, will drop from 1.75% to 1.5%. "China's re-emergence as a leading economic power remains one of the most exciting investment opportunities of our time," Gush says. "Whilst in the short term there may be concerns regarding inflation and government policy, in the long term the outlook continues to look compelling. "Structural factors such as infrastructure investment, urbanisation, industrialisation and a developing middle class continue to underpin the development of the country and ...