Investors in pre-RDR retail classes could be paying 55% more in fees than if they were invested in clean share classes, according to Fitz Partners.
The research firm's UK Fund Charges database revealed Baillie Gifford investors would benefit on average from a 55% discount on their Ongoing Charges Figure (OCF) and 56.5% reduction on management fees...
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Politics, policy and perseverance
Industry Voice: Richard Colwell, Head of UK Equities at Columbia Threadneedle Investments, says UK firms which are busy making contingency plans and not waiting for clarity from politicians could prosper, and that going into 2019 there are many undervalued...
Headed up by Penny Kyle