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...
Joe McDonnell joins as head of portfolio solutions (EMEA)
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253 deals in 2018
Changing fund structure