Ranmore Fund Management cuts investment management fee

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Ranmore Fund Management cuts investment management fee

Global value boutique Ranmore Fund Management has cut the investment management fee on its flagship Ranmore Global Equity fund, after the strategy surpassed $500m assets under management. As a result, the fee has been reduced by 15 basis points to 0.75% on all assets between $500m to $1bn. The fund, managed by Sean Peche, has grown tenfold in recent years from $50m AUM in September 2022. Over five years, the strategy has returned 98.6%, placing …