Quarter of investable funds in Europe 'irresponsible' subscale funds
Research from Morningstar
Allianz, Amundi and BNP Paribas have been identified in research from Morningstar as the asset management firms with the highest number of so-called "orphaned funds" in their range.
The financial data giant has defined orphaned funds as subscale and dormant funds that disadvantage investors through high fees and poor performance. The report, compiled by the Morningstar Manager...
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