James Henderson's Lowland trust to re-allocate fee charges to boost revenue

Effective 1 October

Jayna Rana
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James Henderson of the Lowland Investment Company
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James Henderson of the Lowland Investment Company

The board of the £414m Lowland Investment Company has decided to split management fees and finance costs between its revenue and capital accounts, after conducting a policy review that found its revenues would have been greater had this change been made sooner.

Previously, all management fees and finance costs had been charged to the trust's revenue account, but in its half-year report for the six months to 31 March, the board of the trust said this will change...

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