Wrap platform Standard Life has revealed the names of the first seven fund groups who have offered it preferential ‘super clean' share class deals, with a further four to be announced in the coming weeks.
Cazenove, Henderson, Investec, Neptune, Schroders, Threadneedle and its own asset management group Standard Life Investments will all provide the platform with preferential deals. These will be facilitated either through a new super clean share class with a reduced AMC or admin fee, or a recalibration of an existing institutional share class. Four other as-yet unnamed groups are set to announce their participation in the coming weeks, as revealed by Investment Week yesterday. While the group revealed the names of the first seven asset managers, it has not yet announced what price e...
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