The Merian Chrysalis Investment Company - the first trust launch from Richard Buxton's Merian Global Investors - has announced it will cap certain charges as it embarks upon its first day of dealing.
In a statement, the board said the the investment manager has agreed to cap the investment company's ongoing charge expense ratio at 0.85% for the next 12 months or until the NAV reaches £200m, whichever...
View from the front row
Project Libra unveiled
Including SJP and investment trusts
Spent two years at Sanlam
Will also assess FCA's actions