AMC

Pure and simple

The Financial Services Consumer Panel has said the Financial Conduct Authority (FCA) should consider making fund groups overhaul charging structures in a "radical" change to standard industry practice.

‘OCF is not the final step’

The Investment Management Association is to launch a consultation into how fund groups disclose portfolio turnover rates as early as next month.

Fund managers have been feeling the squeeze on pricing this year, with distributors including Hargreaves Lansdown forcing down headline prices on funds as businesses adapt to the new world.

Fund groups are set to come under fresh pricing pressure ahead of the ‘death' of AMCs, JP Morgan Asset Management's Jasper Berens has said.

Hargreaves Lansdown has secured what it says is the cheapest share class in the market for Neil Woodford's new fund, selling the investment star's fund for 60bps.

Groups back latest cost proposals but performance fees escape new rules

Our plans to turn around UK equity performance

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