Allianz Global Investors has cut the annual charge on a range of funds, including Kunal Ghosh’s Allianz Bric Stars fund.
Mr Ghosh’s fund has had its annual management charge (AMC) reduced from 1 per cent to 0.88 per cent.
Allianz has also cut the AMC from 1 per cent to 0.88 per cent on the Allianz Global Ecotrends, Allianz Brazil and Allianz Total Return Asian Equity funds.
The Allianz Sterling Total Return fund, managed by Ketish Pothalingam has had its AMC cut from 0.75 per cent to 0.6 per cent.
A spokesperson for Allianz said the fee cuts had come following a “detailed review of our pricing model, and in response to the retail distribution review”.
