Investment advisory fees fall 5% year on year: Fitz – Ignites Europe
Investment advisory fees paid by asset managers have fallen by 5 per cent year on year, according to new research, … Continue reading Investment advisory fees fall 5% year on year: Fitz – Ignites Europe
Lux regulator steps up performance fee scrutiny – Ignites Europe
Luxembourg’s financial watchdog is stepping up its scrutiny of performance fees, according to people with knowledge of the matter. The … Continue reading Lux regulator steps up performance fee scrutiny – Ignites Europe
FCA changes could fail to budge pre-RDR investors
…Old Mutual Global Investors, Legal & General, Franklin Templeton and BNY Mellon investors face the largest discounts on OCFs for … Continue reading FCA changes could fail to budge pre-RDR investors
AllianzGI to introduce ‘outperformance’ fee model to UK retail investors
Allianz Global Investors has announced plans to introduce a new ‘outperformance’ fee model on a number of its funds, which … Continue reading AllianzGI to introduce ‘outperformance’ fee model to UK retail investors
Tim Sargisson: Hitting the trail
…Research by Fitz Partners confirms that, six years on from RDR, a third (34%) of retail assets are still held … Continue reading Tim Sargisson: Hitting the trail
Investors to get cheaper funds after watchdog action
Investors will save £1bn in fees after the City watchdog ordered asset managers to cut the costs of funds. view … Continue reading Investors to get cheaper funds after watchdog action
Fidelity stokes passive price war with tracker range – Ignites Europe
Fidelity International has launched a range of index tracking funds with low annual charges as it seeks to capitalise on … Continue reading Fidelity stokes passive price war with tracker range – Ignites Europe
FCA has ‘no immediate plans’ to deal with pre-RDR trail commission
The Financial Conduct Authority (FCA) has said it has “no immediate plans” to change its policy on trail commission but … Continue reading FCA has ‘no immediate plans’ to deal with pre-RDR trail commission
Third of UK retail assets still in commission-laden funds
More than a third of the assets owned by UK retail investors are in share classes that continue to pay … Continue reading Third of UK retail assets still in commission-laden funds
Third of UK retail assets still held in pre-RDR share classes
One third of retail assets invested in UK funds are held in pre-Retail Distribution Review (RDR) share classes that pay … Continue reading Third of UK retail assets still held in pre-RDR share classes