BNY Mellon Investment Management has cut the charges of one of its key diversified growth funds in a bid to expand its presence in the defined contribution (DC) investment market.
The asset management group has rebranded Newton Investment Management's Phoenix Multi-Asset Fund as the Newton Multi-Asset Diversified Return Fund and cut the annual management charge from 0.75% to...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
