A sector in need of disruption
Analysis: Pie Funds' move to axe performance fees is welcome but is it a sign of wider change?
Generally speaking, you can bank on fund managers clinging to their fees with the vice-like grip of Charlton Heston’s corpse upon the cool metal stock of an AR-15 assault rifle.
After all, this is a business fingered by the UK’s Financial Conduct Authority as featuring weak price
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A sector in need of disruption
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