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FMA not backing an investment style despite report

Tuesday 25th of August 2020
The FMA-commissioned MyFiduciary report into management styles and fees was released to the public on Monday.
It showed that there was no clear connection between investment style and fees charged. An active provider was the cheapest in the market and some passive funds were more expensive.
While the report generally found that schemes were doing what they said they would, in te...
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