M&G Investments has reduced charges on 90% of its funds' share classes and moved to a single-fee model in a bid to simplify its client charges.
From 1 August, UK OEIC investors will be charged an ongoing charge figure (OCF) that includes a single annual charge and "extraordinary expenses". Transaction costs will be charged on top. M&G is also...
Publishes consultation paper
Exploring the effects of shake-up
More emphasis on corporate governance and responsibility
quality growth equity and long-duration bonds dominate