Esma curbs high-watermark performance fees – Ignites Europe
Europe’s markets watchdog is pushing ahead with plans to limit the ability of funds with high-watermark performance fee structures to … Continue reading Esma curbs high-watermark performance fees – Ignites Europe
Esma rejects EU-wide ban on inducements – Ignites Europe
Policymakers had been considering whether inducements for the provision of retail investment products should be banned across the EU, as … Continue reading Esma rejects EU-wide ban on inducements – Ignites Europe
UK fund boards must ‘challenge’ firms, warns FCA – Ignites Europe
The UK’s financial watchdog has urged fund boards to actively challenge investment managers over the value they deliver to retail … Continue reading UK fund boards must ‘challenge’ firms, warns FCA – Ignites Europe
Questions raised over value of funds with fixed fees – Ignites Europe
Questions have been raised over whether investors in funds that levy fixed fees are receiving value for money after research … Continue reading Questions raised over value of funds with fixed fees – Ignites Europe
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