Janus Henderson Investors (JHI) has committed to reducing fees on four of its funds by the end of September, the firm said in its value assessment report.
JHI said its £55m Global Financials, £198m Index-Linked Bond, £61m Institutional UK Gilt and £75m Institutional Long-Dated Gilt funds would see reductions to their annual management charges (AMC) as a result of the report's findings. A spokesperson for JHI said where it deemed funds did not deliver value, "we have often already taken action". Chair of Henderson Investment Funds Pat Shea noted the firm had introduced new share classes on many funds for investors not linked to an adviser or intermediary last year, meaning those investors were able to escape commission-paying share clas...
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