The £1bn bid for Perpetual by Invesco's parent company Amvescap has created speculation over how the...
The £1bn bid for Perpetual by Invesco's parent company Amvescap has created speculation over how the funds will be run once the two groups have combined and how charges and IFA commission terms will be aligned. The charging structure on the two groups' unit trust ranges are virtually identical, however Perpetual offers IFA commission of 5% on its range, whereas Invesco offers up to 3%. Both offer 0.5% renewal. It is clear Invesco's unit trust range has the edge in performance over three years. In the 12 Autif unit trust sectors where the groups both have funds with three-year track reco...
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