Fund pricing collusion research

06 March 2017

Recently, the FCA highlighted in its excellent Asset Management Study that ‘there is considerable clustering of prices for active equity funds at both 1% and 0.75% for clean share classes (those that do not include distribution payments).’ As the FCA own chart within this report1, illustrates, the fee received by the fund manager themselves – the AMC – seems similar across the retail class of funds.