Suspended property funds collect £40m in management fees over 2020
£2.8m of capital locked away over three funds
Investors trapped in suspended open-ended property funds have paid out more than £40m in management fees over the course of 2020, with some still paying fees in 2021 as £2.8bn of investor capital remains locked away across three funds.
According to Investment Week calculations utilising fee and fund size data from Morningstar Direct and share class classifications from FE fundinfo, investors have shelled out approximately £40m in management...
More on Investment
BoE faces "sliding door" moment as it holds the interest rate
Bank rate to remain 0.1%
Richard Romer-Lee: 'Clients will invest in you if you have authenticity'
Consider different ESG investors
Sustainable Festival: Morningstar's Hortense Bioy highlights record inflows into climate funds in Q1
Expects trend to continue
Industry Voice: How climate change can impact return expectations and what this means for multi-asset investors
Climate change affects the long-term asset class return assumptions that underpin portfolio construction and multi-asset investors need to consider its implications carefully.
Sustainable Festival: Schroders' ESG head warns against third party sustainability ratings
Andy Howard: companies risk ‘chasing own tail’ to appease agencies
More news
BoE faces "sliding door" moment as it holds the interest rate
Bank rate to remain 0.1%
Richard Romer-Lee: 'Clients will invest in you if you have authenticity'
Consider different ESG investors
Robert Cochran: Financial connectivity to 'revolutionise and simplify' pensions
'From digital jars to digital dashboards'
Sustainable Festival: Morningstar's Hortense Bioy highlights record inflows into climate funds in Q1
Expects trend to continue
Treasury Committee LCF inquiry urges more 'interventionist' FCA
Regulator faces further pressure in wake of scandal
