JPMAM adopts variable model pricing structure on UK OEIC funds
Move to variable operating expenses
JPMAM has switched its pricing model on UK OEIC funds
J.P. Morgan Asset Management (JPMAM) has switched from a model of fixed costs to a capped model with varied operating expenses on its UK OEIC funds.
The changes, which came into force on 1 February 2018, are applied to all the firm's UK OEIC funds. JPMAM said the change to variable operating expenses "will provide shareholders with economies of...
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