From 1 January 2019 wealth managers have been required to provide a full breakdown of the costs borne by a portfolio, as measured by the Key Information Document Reduction in Yield (KID RIY) figure. This includes any underlying fees from collectives. As most of us know, performance after fees is what really counts. So we continue to believe that, while shining a light on costs is entirely right, changes in investment behaviour that are driven solely by cost will do little for investor returns ov ....
18 Dec 2019
The squeeze continues: how trust costs keep falling
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The squeeze continues: how trust costs keep falling
Henderson EuroTrust PLC (HNE:LON), 0 | JPMorgan American Investment Trust Plc (JAM:LON), 964 | Invesco Income Growth Trust (IVI:LON), 0
- Published:
18 Dec 2019 -
Author:
William Heathcoat Amory -
Pages:
6
From 1 January 2019 wealth managers have been required to provide a full breakdown of the costs borne by a portfolio, as measured by the Key Information Document Reduction in Yield (KID RIY) figure. This includes any underlying fees from collectives. As most of us know, performance after fees is what really counts. So we continue to believe that, while shining a light on costs is entirely right, changes in investment behaviour that are driven solely by cost will do little for investor returns ov ....