Today news
About the same in other media
Murray Income trust overhauls management fee structure
Reading now: 842
In a stock exchange notice today (30 August), the trust's board has agreed to a two-tier structure consisting of a fee calculated as 0.35% on MUT's net assets up to £1.1bn and 0.25% on any net assets above £1.1bn. Prior to that, the fee structure consisted of three different levels: 0.55% on the first £350m of net assets, 0.45% on any amount between £350m and £450m, and 0.25% on net assets above £450m. abrdn reduces platform fees and simplifies charging structure The newly introduced fee structure came into effect on 1 July. Peter Tait, chair of Murray Income trust, argued the s...
To continue reading this article...
Join now
Login
Read more on investmentweek.co.ukAbout this in other media
Equity capital gains in personal income to reach up to 15% in FY24: Jefferies economictimes.indiatimes.com /3 months ago
abrdn reshuffles fixed income team as global head Craig MacDonald exits after two decades investmentweek.co.uk /3 months ago
Income tax refund delayed? These taxpayers won’t get refund unless they confirm it on ITR portal economictimes.indiatimes.com /3 months ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
