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Article: ADVISER FUND INDEX: 08.10.09.
- Article from:
- Money Marketing
- Article date:
- October 8, 2009
CopyrightCOPYRIGHT 2009 Centaur Communications Limited. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The debate surrounding performance fees is set to become increasingly mainstream, according to research by Skandia Investment Group.
Skandia's survey of fund firms running a combined #4.3trn in assets under management found that two-thirds of respondents expect the charges to become more prevalent on retail products - across equity, absolute return, fixed income and property funds.
Data from Lipper shows that many of the 25 performance-fee-charging open-ended funds unveiled since late-2007 have an absolute return mandate.
Recent launches include Gartmore UK absolute return and Liontrust European absolute return - which charge a fee of 20 per ...