Credit Suisse Asset Manage-ment is to increase the annual management charge on its flagship Income and Monthly Income funds from 1.2% to 1.5% from 18 April. Product development manager at Credit Suisse Toby Hogbin said it is an historical anomaly that the group's best-known funds carry lower charges, as they are among the older portfolios in the range. The increased annual charge will continue to be taken from capital. The 30% increase in the annual fee brings them in line with the other equity funds, including manager Leigh Harrison's other portfolio, UK Alpha Income. Harrison has now...
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