UK robo-advisory platform, Strawberry Invest has pledged to cuts fees following its acquisition of Fundsdirect's client book. The firm said it would cut the cost of a fund by up to £1,000, and will also offer investors access to more than 100 investment products including exchange-traded funds (ETFs).
UK robo-advisory platform, Strawberry Invest has pledged to cuts fees following its acquisition of Fundsdirect's client book. As we reported in August, Strawberry purchased the client book from Royal London claiming clients would, on average, benefit from a 12.5% reduction ins costs.