Schroders’ £1bn fund breakpoint ‘way too high’ – Ignites Europe

Schroders says its UK funds must reach at least £1bn (€1.1bn) in assets before the benefits of economies of scale can be passed on to investors – a claim rubbished by experts who say the so-called fee breakpoint could be significantly lower. The UK asset manager’s plans to reduce charges for retail investors on its largest funds […]

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