The board of the £1.4bn Fidelity China Special Situations investment trust has announced plans to overhaul its fee structure with the changes to become effective from 1 July.
The company has decided to remove its performance fee and fixed annual charge and replace it with a new variable fee. The current headline annual fee of 1% of net assets will be reduced to 0.9% of net...
Months of negotiations
PARTNER INSIGHT: Ian Lance and Nick Purves, managers of the TM RWC UK Equity Income Fund, analyse the tug of war between value and growth that is being observed in markets today and why the future for value investing looks bright.
PARTNER INSIGHT: Ian Lance and Nick Purves, portfolio manager of the TM RWC UK Equity Income Fund, discuss the opportunity shift from growth to value after ten years of underperformance.
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Increased by ten percentage points