Cofunds head of commercial, Russell Lancaster, says clean share classes represent the ultimate in transparency.
I appreciate that with most things in life there lies, between black and white, numerous shades of grey and that we should look to compromise. However, there are some areas of financial services where grey has no place or justification. A platform's response to the following question on pricing is one of them: ‘Do you have the client and end customer's best interests at heart or those of the fund managers?' The talk around how a clean share class will supposedly restrict client fund choice is, to my mind, an attempt to introduce some grey into what should be unequivocally black or wh...
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