What are the real costs of shareholder power?

How much would you as an investor be prepared to pay to change the marketing behind a fund? It is a ...

How much would you as an investor be prepared to pay to change the marketing behind a fund? It is a question investors are used to answering when it comes to changing a manager who underperforms - they sell out and reinvest in a different fund, potentially facing a whole new set of initial charges. The recent spat between Matrix and the manager of its Quantock fund, Bob Brown, throws up a new range of possibilities for corporate action within the Oeic community. As authorised corporate director (ACD) of the Quantock fund, Matrix was its legal owner. But Brown, who holds a large stake in ...