Standalone funds not always subject to CMA tender rules

James Phillips
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Standalone funds not always subject to CMA tender rules

Pension funds that decide to invest in standalone fiduciary management funds are being reassured that they will not be subject to mandatory tendering requirements.

Where trustees make the decision to invest directly in a standalone fund, even where managed by a fiduciary manager, for example, their scheme is not included within the scope of the Competition an...

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