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%. ...
Know suitability requirements
As head of distribution
‘Misconduct is misconduct’
Ramifications for advice firms
Calling for new advisers to join