Standard Life confirms first seven 'super clean' deals

Completing the list of done deals to date are Henderson Global Investments, Investec Global Management, Neptune and Standard Life Investments. A further four groups are expected to announce the details of their own discounted share class offerings within the next few weeks. The terms of the discounts are said to be broadly equivalent to existing rebate terms, translating to an average advantage of 9bps. Investec announced earlier this week that it would be introducing a 10bps discount for select funds from its managed solutions and specialist fund range. The groups are currently...