ASI announces sweeping fee cuts across 11 funds
By Harriet Habergham, 4 May 21
Five sterling government bond funds to see AMC slashed, while the £1bn Emerging Markets Equity and Asia Pacific Equity funds will also see charges cut
Aberdeen Standard Investments will slash annual management charges across 11 of its funds from 1 June.
In a letter to investors, ASI said it was planning fee cuts across a number of its sterling government bond funds, as well as some of its larger funds, including the £1.1bn Emerging Markets Equity and £1.1bn Asia Pacific Equity funds “following a review of the funds’ pricing”.