Asset management costs: gradually becoming more transparent

PP looks at the latest proposals to actually tell schemes what they pay asset managers

Stephanie Baxter
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The Investment Association is finally tackling the issue of disclosing portfolio churn but the road to full transparency is going to be long and fraught, finds Stephanie Baxter.

Hidden charges such as transaction costs can have a material impact on a pension scheme's returns, particularly when assets are actively managed. Beyond the headline fees that asset managers charge...

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