DFM

Brooks Macdonald is planning a ‘substantial' fee cut for its discretionary fund management service, which could see its headline charge fall by up to 30%.

Skandia has negotiated an average deal of 40bps to 45bps for funds in its WealthSelect panel, Investment Week can reveal

Adviser support group Aim Two Three is launching a discretionary fund manager (DFM) comparison tool.

Boutique investment house Newscape Capital Group has closed its poorly-performing Dynamic Rates & Currency fund less than two years after bringing it to market, and has also shut its Absolute Bond fund, Investment Week understands.

QUICKFIRE Q&A

Skandia is poised to shake up the managed portfolio market with its suite of cut-price model funds, as the first look at WealthSelect reveals half the restricted range is priced at less than 60bps.

QUICKFIRE Q&A

Aviva Investors plans to launch a low volatility absolute return fund as it simplifies its product offering following the arrival of Euan Munro as CEO, Investment Week can reveal.

CONTRARIAN INVESTOR

Brooks Macdonald International has launched a managed portfolio service for advisers' international investors.