UK - Bedlam Asset Management's UK equities fund has returned approximately 0.2% for the four months to the end of March.
Bedlam’s UK equities fund has returned 0.16% since its launch last December, compared to the FTSE All-Share, which fell 8.6% over the same period.
But the firm – which has a “no gain, no fee” policy – will not be able to charge clients. It can only do so if it makes an absolute return, net of fees, of over 1.25% per quarter.
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PP has compiled a list of what to watch out for over the coming months.
Willis Towers Watson's LifeSight is the first master trust to be granted authorisation by The Pensions Regulator (TPR).