Boutiques ditch FTSE Group after licence charge hit

clock

Two boutique fund management houses have dropped FTSE Group from client literature after being asked to pay an annual licence fee to feature its indices and branding, with costs ranging between £15,000-£20,000.

Investment Week has learnt FTSE Group sent letters to a number of boutique fund management houses, which had not previously been charged to use its intellectual property. The licensing agreement allows firms to use FTSE Group’s trademark in marketing and promotional material to external clients. Unicorn Asset Management and Slater Investments are two of the boutiques which have been hit with the bills. Both firms called the licence fees ‘excessive’ and have subsequently dropped FTSE from factsheets when comparing fund performance. A spokesperson for Unicorn said the charges add ano...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Investment

Stories of the week: Defence spending, the FCA, and Brickwood

Stories of the week: Defence spending, the FCA, and Brickwood

The German election, Unilever, and UK GDP: The biggest stories from the world of investment and asset management this week

clock 28 February 2025 • 1 min read
Partner Insight: Uncovering the rich tapestry of emerging markets

Partner Insight: Uncovering the rich tapestry of emerging markets

Global emerging markets comprise a large and varied selection of economies and companies. And yet they are often treated as a homogeneous asset class. We seek to debunk some of the misconceptions about emerging markets and unveil the diverse range of potential opportunities they offer, says M&G Investments.

M&G Investments
clock 28 February 2025 • 3 min read
M&G's Matcham: Concentration risk, consolidation and 'reframing' the active debate

M&G's Matcham: Concentration risk, consolidation and 'reframing' the active debate

Building on history of innovation

Katrina Lloyd
clock 26 February 2025 • 6 min read
Trustpilot