Ecclesiastical unveils RDR-ready share classes

Ecclesiastical is launching RDR-ready institutional share classes across its range of six funds.

Following moves from peer groups, Ecclesiastical is rolling out a 0.75% ‘B' share class across all of its funds, but is offering 0.65% on its screened Amity Sterling Bond fund managed by Robin Hepworth and Chris Hiorns. Ecclesiastical said it is working with platforms to add the funds and is on schedule to complete the move well in advance of the year end. Hepworth also runs the fixed income and equity mix Higher Income fund, which has topped the group's best seller list and grown £20m in size since the start of the year. Ecclesiastical's strategic partnerships manager Phil Baker s...