Hargreaves Lansdown introduces tiered fee structure to utilise economies of scale
Cuts fees across multi-manager range
The new tiered structure will help investors benefit from economies of scale
Hargreaves Lansdown has introduced a tiered fee structure along with a range of fee cuts on its multi-manager funds, according to its latest Assessment of Value report.
The changes, effective from Q2 2021, have been implemented to "improve these funds' potential to perform" and "achieve further economies of scale". Three multi-manager funds will initially benefit from...
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