Liontrust cuts DFM fees on multi-asset ranges

Liontrust MPS and WSS are the firm's target risk and actively managed model portfolios. They are managed by its multi-asset investment team, led by John Husselbee (pictured). The costs of the DFM fees for MPS Growth and MPS Income are going to drop from 0.30% to 0.25%, while MPS Dynamic Beta will be reduced from 0.30% to 0.20%. WSS Growth and Income portfolios will take a five basis point drop from 0.32% to 0.27% and WSS Dynamic Beta a 10 basis point reduction from 0.32% to 0.22%. The fee cuts have been made possible, Liontrust said, by the growth in clients and assets under managemen...