Baillie Gifford and Vanguard Cut Fund Fees

New You Can Use: The past month has seen a number of new income funds launch, plus fund managers cutting fees

Emma Simon 26 January, 2017 | 12:07PM

The so-called ‘Santa rally’ has continued well into January, with the FTSE 100 reaching new highs and enjoying its longest winning streak for two decades.

While this record-breaking run stalled in the second half of this month, there was still a lot for investors to remain cheerful about. Several investment companies have cut management fees, and there are a number of new fund launches on the horizon, as asset management companies look to capitalise on what they hope will be a more positive ISA season.

Elsewhere Alliance Trust (ATST) unveiled more details of its restructuring plans.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Alliance Trust Ord810.25 GBP1.79
Aviva PLC282.80 GBP0.00
Baillie Gifford American A Acc1,273.36 GBP1.71
Schroder Income Maximiser A Acc0.86 GBP-0.46

About Author

Emma Simon

Emma Simon  is a financial journalist, specialising in investment and consumer issues, writing for Morningstar.co.uk

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