AJ Bell has reduced charges on three of its passive multi-asset funds following a number of cost savings it has made as a result of the products growing in size.
The Passive Balanced fund, the largest portfolio, has seen its ongoing charges figure (OCF) cut to 0.4% from 0.47%, while the Passive Adventurous and Moderately Adventurous funds have seen their OCFs drop...
European Fund and Asset Management Association
Will join IA sectors Q1 2020
Inflows of $99.1bn in Q1
Trading and holding costs
For 2022 Winter Olympics
30 years experience
It’s The Pro Adviser Podcast
A storm has caused havoc in the adviser platform market over the last couple of years, says Tom Ellis, but advice firms will no doubt be expecting to see some sunshine soon
£3.4bn released last year