ABN Amro Asset Management is targeting single company Pep money with a campaign that runs until the ...
ABN Amro Asset Management is targeting single company Pep money with a campaign that runs until the end of August.
Individuals who transfer to an ABN unit trust Pep via an intermediary will be eligible for a 1.5% discount off the standard 5% initial fee. Intermediary commission will remain at 3%.
The group is promoting four funds, the UK Growth and UK Select Opportunities funds, run by Nigel Thomas; as well as the Equity Income and High Income funds managed by George Luckraft
ABN Amro believes the transfer scheme will appeal to Pep holders whose initial investment stock in a single company some years ago may well have seen its fortunes decline.
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