Third of asset managers offer 'early-bird' European fund share classes
Averaging 47% discount for equity funds
Discounts differ between classes, averaging 47% for equity funds and 40% for fixed income
One-third of asset managers now offer early-bird share classes to European investors in a bid to boost interest in newly launched funds, according to Fitz Partners' research.
With discount share classes now available to European investors from 33% of firms, it is the first time the figure is large enough for Fitz to start tracking its growth. CFA UK: Tiered fund fees best...
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