Brooks Macdonald slashes fees across risk managed fund range

AMC cut by up to 25bps

clock • 1 min read

Brooks Macdonald (BM) is cutting its annual management charge across its active and passive Cornelian Risk Managed fund ranges.

As of 1 July, the £16.7bn manager reduced fees by 25bps across its Cornelian Risk Managed fund range, and by 10bps across its Cornelian Risk Managed Passive range. The move will not impact investment process or management structure, the firm said. According to BM's 2021 Financial Adviser survey, 75% of advisers reported staying competitive on fees and charges was important and that demonstrating value for money was key for winning and retaining business. AJ Bell tweaks charges structure across fund range Robin Eggar, managing director, head of UK investment management said: "At ...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now


Already an Investment Week


More on Companies