UK - Fund managers do not have a full understanding of transaction related costs, and the ignorance is so widespread that William M Mercer claims "even some large managers may not themselves have a good grasp of the full transaction costs they incur."
The consultancy surveyed 54 UK asset managers - including the nation’s 29 largest - in order to establish their position on transaction costs. Mercer characterised the responses from UK fund manage...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date