FE Investments removes VAT payments from all portfolios

The investments arm of global fund data company FE fundinfo said the removal of VAT payments will apply to all of its portfolios, including its Hybrid, Mosaic, Responsibly Managed and Income ranges. The removal of VAT payments comes as FE Investments sees AUM reach more than £4bn in the first quarter of 2021. This has increased from £3bn just nine months previously. Additionally, the firm has also increased its presence on third party platforms in recent months and its range of managed portfolios are now available to advisers using 14 different investment platforms. Rob Gleeson, chief...