The price war in the passive space continues to rage but some providers refuse to play ball, offering trackers with fees as steep as active funds.
US passives giant Vanguard has cut prices on two of its core UK trackers, following the removal of stamp duty on funds.
Vanguard Asset Management has soft-closed two of its popular US equity funds to new investors.
Hundreds of multi-asset funds are failing to gain traction among investors despite a concerted push into the space by asset managers, Investment Week analysis shows.