Lower fees but same proposition?

  Although the firm remains vague on specific details, it says it would follow its US model of offering ETFs for most of its open-end mutual funds and would only launch a few ETFs initially, in order to grow over time. Some are sceptical about the firm’s distribution capabilities in the UK, but its level of success in the US means participants await the initial product launch with interest. Click here for full story. In this month’s cover feature, Helen Fowler documents some of the effects of the rising number of new entrants to the ETF market. While there is evidence of total expense...