management fees

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.

Guinness Asset Management is to close the 'Z" share class on its Global Equity Income fund to new investment as of the end of April.

Consensus on disclosure still a way off

The board of the Pacific Assets trust, managed by First State's Asia team, will scrap its performance fee, following the lead of a number of other vehicles in the closed-ended space.

Asset managers deserve to be paid up to a third of the alpha they generate, Towers Watson's EMEA head of investment has suggested.

Investors with more than $5m are now able to access a discounted institutional share class on the Indus Select Asia Pacific fund.

Whitechurch Securities has introduced a raft of lower prices for advisers who put clients with larger portfolios into its multi-asset investment management service.

BNY Mellon Investment Management has scrapped the initial charge on all investments for both lump sum and regular savings plans across its onshore fund range.

IMA chief executive Daniel Godfrey (pictured) discusses the trade body's initiative to clarify fund charges.

Guinness Asset Management has launched a new share class for its Global Equity Income fund, offering a TER of 0.74% that it says is the lowest in its IMA peer group.