Allianz Global Investors has announced plans to introduce a new 'outperformance' fee model on a number of its funds, which it said is in response to the rise of passive vehicles.
The group has proposed introducing a lower fixed basis fee of 20bps across a number of its UK retail funds alongside, provided the fund beats its benchmark, an additional outperformance fee of 20%. ...
Partner Insight: For Blackfinch, the arrival of its IHT portfolio services was a 'natural evolution' in the group's offering and points to an established track record of returning cash to investors.
Senior Managers Regime
Interest rate outlook unchaged
FCA made demands last week