Rathbone Unit Trust Management is slashing fees on its entire multi-asset range, as it prepares to include direct equities in portfolios as part of a shift to a "private client-style product".
The firm will cut the annual management charge across its multi-asset range from 75bps to 50bps from 1 August, as it switches from 'I' to 'S' share classes. The OCF will also be reduced as a result...
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