Somerset Capital has admitted a new dilution levy on its funds has proved 'contentious' despite being in keeping with an industry-wide drive to cost transparency.
The group has imposed extra charges for those buying and selling its emerging market OEICs last month, ensuring existing investors do not see their own unit prices diluted by these costs. The levy amounts...
We are all tired of talking about backstops and customs unions and voting blocs, but Brexit chat still manages to get centre stage to the exclusion of all else.
How to create order amid a seemingly disorderly exit
Part of investment committee restructure
To be held in July
Lloyds share rise on results