Lowland drops performance fee as Henderson defends performance record
Not been paid since 2017
Lowland's co-manager James Henderson
Lowland Investment Company has removed its performance fee and reduced the threshold at which the trust’s tiered management fee reduces.
Lowland told investors in an announcement on Friday afternoon that its performance fee would no longer apply from 1 October. Meanwhile, it added, the level at which its management fee drops from 0.5%...
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