GAM is set to reduce the fees on its multi-asset MPS funds and rename the range to better reflect the investment offering, Professional Adviser's sister title Investment Week understands.
The changes will see the range's investment team, led by Charles Hepworth (pictured) and James McDaid, intensify its focus on cost efficiency at an underlying fund level. The move reflects efforts to meet the changing needs of clients, improve customer experience and target future growth opportunities. While the exact details of the extend of the fees cuts are not yet known, the changes are set to take place "in the coming months", according to a spokesperson. The Swiss asset manager is also renaming the range to better reflect their investment focus, which will be reflected in th...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
