CFA UK: Tiered fund fees best for retail investors
Fund managers should consider implementing tiered fees
CFA UK CEO Will Goodhart
Asset managers should "actively consider how tiered fees can be introduced to retail funds" after a study by CFA UK found they were the structure that works most strongly in investors' best interests.
In a report published on Monday (2 December), CFA UK's Fee Structures Working Group assessed the numerous fee models used by retail funds that have been developed in response to competition and regulation...
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