High funds fees hit private investors
High funds fees hit private investors
- 2004
- Property Week 69(18) 30 April 2004, 23(1) .
The Investment Property Forum has warned that high levels of fees charged by some property fund managers will deter private investors. Initial costs may be more than 30% of their investment. Fund managers claim they are passing on the commission rate of independent financial advisors (IFA). The FSA have stated there are no plans to introduce a scale of fees, but it will continue to inform investors on the risks and monitor the trends on fee structures. Table.
PROFESSIONAL FEES
FUND MANAGERS
INVESTMENT FINANCE
PROPERTY FUND MANAGERS
PRIVATE INVESTORS
The Investment Property Forum has warned that high levels of fees charged by some property fund managers will deter private investors. Initial costs may be more than 30% of their investment. Fund managers claim they are passing on the commission rate of independent financial advisors (IFA). The FSA have stated there are no plans to introduce a scale of fees, but it will continue to inform investors on the risks and monitor the trends on fee structures. Table.
PROFESSIONAL FEES
FUND MANAGERS
INVESTMENT FINANCE
PROPERTY FUND MANAGERS
PRIVATE INVESTORS