The UK mutual fund industry wastes up to £700m per annum managing smaller funds that could be more e...
The UK mutual fund industry wastes up to £700m per annum managing smaller funds that could be more efficiently managed on a consolidated basis, according to analysis by Mercer Oliver Wyman. As competitors review approaches to improving their economics and delivering better price/performance to retail investors - spurred in part by emerging regulation ' fund consolidation represents a way of reducing cost/income ratios by 20%.
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