US’s passive investing juggernauts break new ground in Britain
One of the strongest bastions of stockpicking, the UK is now following the US by embracing the low-cost, index-tracking approach … Continue reading US’s passive investing juggernauts break new ground in Britain
Ban on fund charge caps ruled out by Esma – Ignites Europe
…Esma’s approach is likely to mean that different rules will apply to Ucits funds with performance fees being sold into … Continue reading Ban on fund charge caps ruled out by Esma – Ignites Europe
Liquidity, Brexit and job cuts spell tricky 2020 for fund groups – FT
… Mr Gillibert predicts one area of increased focus will be differences between the way retail and institutional investors are … Continue reading Liquidity, Brexit and job cuts spell tricky 2020 for fund groups – FT
Asset managers ‘should cut fees as assets rise’, says CFA UK – Ignites Europe
Asset managers should embed cuts to funds’ annual charges as assets rise, in a move that would slash firms’ revenues … Continue reading Asset managers ‘should cut fees as assets rise’, says CFA UK – Ignites Europe
Assets in pre-RDR share classes fall to £184bn – Ignites Europe
Investors in UK funds worth £184bn (€214.8bn) are still in higher-charging share classes, despite new rules introduced last year that … Continue reading Assets in pre-RDR share classes fall to £184bn – Ignites Europe
UK funds still paying IFA commissions stand at £184bn – FT
Close to £184bn of UK investor money is languishing in expensive funds that still pay commissions to financial advisers, despite … Continue reading UK funds still paying IFA commissions stand at £184bn – FT
Amundi leads industry push for performance fee share classes – Ignites Europe
Amundi is leading a group of European asset managers that are increasingly using share classes with performance fees in response … Continue reading Amundi leads industry push for performance fee share classes – Ignites Europe
‘Twin’ performance fee share classes across Europe offer a 22 per cent discount in management fees
In its latest research, Fitz Partners has identified 22 promoters offering 167 sets of ‘Twin’ share classes domiciled either in … Continue reading ‘Twin’ performance fee share classes across Europe offer a 22 per cent discount in management fees
Irish directors wary of new governance rules – Ignites Europe
Irish fund directors have criticised recent measures by the Central Bank of Ireland to force boards to more closely monitor … Continue reading Irish directors wary of new governance rules – Ignites Europe
Fee pressure spreads as M&G reviews Lux range – Ignites Europe
The UK asset manager recently decided to pass on to investors more of the economies of scale in its €37bn … Continue reading Fee pressure spreads as M&G reviews Lux range – Ignites Europe