Kames Capital's Martin Davis has called upon the ten largest asset managers in the UK to come to a joint agreement on the best way to articulate fund fees to investors.
Boston Consulting Group's annual global asset management report has revealed that retail fund fees in the UK fell by some 10% last year as price pressures began to be felt in the domestic market.
The Financial Conduct Authority (FCA) "remains concerned" over how businesses communicate charges to consumers, and has suggested Nutmeg as an example for investment firms to follow.
The J.P. Morgan Emerging Markets investment trust has cut its performance fee in a move it says means its charging structure is now more attractive than peers'.
Allianz Global Investors has cut the fees across its four-strong multi-asset RiskMaster fund range.
The Financial Conduct Authority (FCA) is proposing to raise £74.9m from financial advisers for the coming year, representing an upswing of 10.2%.
J.P. Morgan Asset Management (JPMAM) has cut fees on its Fusion fund range, run by Tony Lanning, in a bid to improve the portfolios' competitiveness.
The Financial Conduct Authority (FCA) and Department for Work and Pensions (DWP) have added to disclosure pressures by asking whether forthcoming reporting requirements for pension schemes should be extended to fund groups themselves.
Our thinking on fund cost disclosure