Murray International cuts management fee – Murray International has announced that, with effect from 1 January 2019, its management fee will be 0.5% of net assets up to GBP1,200m and 0.425% of net assets above GBP1,200m.
(The existing fee, chargeable until 31 December 2018 is 0.575% of net assets up to GBP1,200 million, 0.5% of net assets between GBP1,200 million and GBP1,400 million, and 0.425% of net assets above GBP1,400 million.)
Nothing else is changing
MYI : Murray International cuts management fee