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Invesco leads final Isa surge

Leading investment firms are reporting a strong end to the Isa season, with Neil Woodford’s Invesco Perpetual high-income fund leading the way.

Fees frame

Paying for performance is under increased scrutiny as fund management houses look to justify fund charges in light of steep losses felt by investors. While top-performing funds may be able to command or maintain a higher charge, the pressure on fees will be felt on those which have underperformed. With equity markets still struggling to advance significantly, this trend is likely to accelerate.

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