Slater, Unicorn Reject FTSE Licensing Fee

indexing

UK-based boutique fund management firms Slater Investments and Unicorn Asset Management have removed index provider FTSE's index data and branding from their client literature after FTSE requested that the firms begin paying an annual license fee in order to display its index data, which had previously been used as benchmarks for the funds' performance in the factsheets the firms distribute to their clients.

Previously, both Slater and Unicorn were able to use the index data free of charge to

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