FCA value assessment review: An ‘uncomfortable read’ but unsurprising
The Financial Conduct Authority’s (FCA) recent review of fund managers’ Assessment of Value (AoV) reports makes for “pretty damning” reading … Continue reading FCA value assessment review: An ‘uncomfortable read’ but unsurprising
FCA report highlights failures in ACD market
The Financial Conduct Authority has found some authorised corporate directors (ACDs) are operating in the asset management market with inadequate … Continue reading FCA report highlights failures in ACD market
Review of host Authorised Fund Management firms – FCA
“We wanted to test the viability of the host Authorised Fund Manager (AFM) business models and assess whether conflicts of … Continue reading Review of host Authorised Fund Management firms – FCA
Baillie Gifford publishes Irish value report, upping pressure on peers – Ignites Europe
Baillie Gifford has published a value assessment report for its Ireland fund range, in a move that could increase pressure … Continue reading Baillie Gifford publishes Irish value report, upping pressure on peers – Ignites Europe
Columbia Threadneedle embarks on fee review – Ignites Europe
Columbia Threadneedle has started a review into fund fees with a specific focus on the way economies of scale are … Continue reading Columbia Threadneedle embarks on fee review – Ignites Europe
AllianzGI holds onto performance fees – Ignites Europe
“Allianz Global Investors is sticking with its outperformance fee share classes in the UK, despite a lack of assets and … Continue reading AllianzGI holds onto performance fees – Ignites Europe
FCA pushes asset managers to assess profitability – Ignites Europe
The UK financial watchdog says some fund boards have misinterpreted its rules for value assessments and are failing to analyse … Continue reading FCA pushes asset managers to assess profitability – Ignites Europe
Schroders expands value review to European funds – Ignites Europe
‘Schroders is starting to apply its approach to UK assessments of value across all its European and global fund ranges, … Continue reading Schroders expands value review to European funds – Ignites Europe
UK firms slash £120m in charges following value reforms – Ignites Europe
UK asset managers have cut at least £120m (€139m) in ongoing charges following the introduction of reforms that require firms … Continue reading UK firms slash £120m in charges following value reforms – Ignites Europe
Esma launches costs and fees probe – Ignites Europe
The European Securities and Markets Authority said yesterday that it has launched a common supervisory action on the supervision of … Continue reading Esma launches costs and fees probe – Ignites Europe