The closed-ended sector appears to have been leading the way in the first half of 2018 in terms of reviewing and reducing fees for shareholders.
According to the Association of Investment Companies (AIC), a total of 26 vehicles made fee changes over H1 2018. This included seven investment companies removing their performance fees (never a popular...
Two join in the top ten
Reducing equities and corporate bonds
Behaviours, animals or something else?
Stepped down following MBO
Helped by rising oil price