A number of leading asset managers have introduced premium prices on popular products and specialist mandates ahead of the move to unbundled pricing next year.
With the implementation of RDR less than three months away, the majority of fund groups have already started unveiling their pricing strategies, with many opting for clean share classes, excluding commission payments or platform fee rebates. Groups are pricing their unbundled share classes with a 0.75% AMC for an equity fund in the main, but some managers have used the introduction of transparent charging to raise AMCs, introducing premium pricing on selected portfolios. In August, Aberdeen Asset Management announced it would price its 32 UK-domiciled open-ended funds and 69-strong Lu...
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