W Variable Management Fee News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Fidelity International drops fulcrum fees following muted demand from retail investors
Fund group also announced on Tuesday a cut in the OCF of its passive multi-asset range
Fidelity is scrapping the variable fee share class across five of its Oeics after a lack of demand saw assets dwindle, while also cutting the cost of its passive multi-asset range.
The asset manager’s fulcrum fee share class – W-Variable Management Fee (W-VMF) – was introduced across five of its UK-domiciled Oeics in July 2018 in response to the growing debate around the value of active fund management.
It came after the Financial Conduct Authority’s asset management study in 2016 found little innovation when it came to fee structures and significant clustering around an arbitrary figure of 0.75%. ....

United States , John Clougherty , Bryan Hughes , Fidelity Japan , A Fidelity International , Financial Conduct Authority , Fidelity International , W Variable Management Fee , United Kingdom Domiciled Oeics , Fidelity American , Asian Dividend , Global Special Situations , Special Situations , Fidelity Japan Trust , Fidelity Japanese Values , Fidelity Asian Values , Fidelity China Special Situations , United Kingdom Domiciled , Fidelity Multi Asset Allocator , Multi Asset Allocator , Sebastian Cheek , ஒன்றுபட்டது மாநிலங்களில் , ரியான் ஹக்ஸ் , நம்பகத்தன்மை ஜப்பான் , நிதி நடத்தை அதிகாரம் , நம்பகத்தன்மை சர்வதேச ,