Should performance always win over fees?

It is an obvious question, but one which is still debated: should investors focus on performance rather than worrying about management charges when selecting funds? Of course, management fees are important when it comes to choosing a fund, but there are also many other factors to consider, not least the long- and short-term performance. In recent months, with the introduction of super clean share classes, people have been increasingly focused on what can sometimes amount to fractions of basis points. Following the unveiling of the Hargreaves Lansdown Wealth 150+ list, which last month...