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JPMorgan Asset Management is changing the way it charges operating expenses to its UK funds, which will cut costs for most share classes and bring the company in line with

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

The UK financial regulator’s landmark report into the asset management sector in 2017 sent a scathing message: fund fees are too high and investment companies fail to give good value

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