Buxton for less: Standard Life agrees preferential terms with Old Mutual

The asset manager, whose fund range includes the Old Mutual UK Alpha Plus fund run by Richard Buxton (pictured), joins the likes of Schroders and Threadneedle on the eight-strong list. Other groups to have agreed super clean terms with Standard include Cazenove, Henderson, Investec, Neptune and Standard Life Investments. Standard Life said the terms broadly reflect the existing discounts it offered on Old Mutual funds under the old rebate-based model. The platform said last month that it had also agreed terms with three other groups that wished to remain unnamed until they are read...