Reductions between 40bps and 50bps
Groundwork for telephone-based proposition
The number of investors allocating to ‘new' alternatives such as infrastructure and private debt is on the rise, according to the Preqin Global Alternatives Report.
Charges cut on seven-strong range
Fees described as 'anything but' transparent
Investors urged to look beyond simple price comparisons
A study by Henderson Global Investors has found the majority of investors supported performance fees on funds, despite an industry-wide trend for scrapping them.
Man Group saw $2.6bn of net outflows during the first half of the year, largely driven by redemptions from the group's long-only portfolios including GLG's Japan CoreAlpha strategy, but performance fees helped profits jump 89%.