Terry Smith: Platforms adding to fund costs, not reducing them
Terry Smith, the City veteran and founder of low cost fund management group Fundsmith, has attacked platforms in the UK for adding to the overall cost of investing in funds.
Smith - who has launched his own equity fund which is listed on Skandia's platform - said fees on funds in the UK were being inflated by pressure from platforms. "Fund management fees are too high in...
More on Platforms
Back to Top
