Asset managers are increasing their use of rebate-free share classes for European cross-border distribution as they seek to adapt to distributors’ changing business models in the run-up to Mifid II. […]According to data from research firm Fitz Partners, clean share classes… View full article
Cross-border clean share classes swell ahead of Mifid II – Ignites Europe Read More »
Active US fund house AllianceBernstein is planning to launch a new fee structure in Europe as part of efforts to challenge the rise of passive funds. The structure will include a “passive base” management fee together with a performance-related fee. […] fee specialist Fitz Partners. Mr Gillibert says he has been approached by several fund…
AllianceBernstein challenges passives with new fee structure – Ignites Europe Read More »
UK regulator, advisers and consumer groups say charges do not benefit investors View full article
Fund manager performance fees under attack – Financial Times Read More »
M&G Investments, Invesco Perpetual and Woodford Investment Management are among a group of large asset managers that will need to alter their fund literature under new proposals from the UK financial watchdog. Fitz Partners, a specialist research firm, says the tightening of these rules “will be welcome by investors”. View full article
New benchmark rules set to hit M&G, Invesco, Woodford – Ignites Europe Read More »
Transaction fees on actively managed funds in the UK have decreased by 20 per cent over the past three years, according to new research. Research firm Fitz Partners, which compiled the analysis, says its findings are indicative of efforts to contain fund costs. View full article
UK fund transaction fees down 20 per cent – Ignites Europe Read More »
Many active fund charges would rise to above 1% – the fee level generally seen as acceptable – if the UK regulator makes changes to the way charges are reported, research by Fitz Partners suggests. View full article
Many fund charges could breach 1% norm, warns analyst – Funds Europe Read More »
Asset managers stand accused of not passing on economies of scale to retail investors, with new research showing that some of the largest international fund houses charge more than average for equity funds […] according to analysis by Fitz Partners. the fund fee research firm… View full article
Fund heavyweights fail to pass on economies of scale – Ignites Europe Read More »
The majority of cross-border asset managers that sell their funds into Europe are subsidising their own funds’ operating expenses to keep investor charges down. So reports Fund Strategy.A new study from London-based fund research firm Fitz Partners entitled ‘Cross-border Fund Charges’ shows almost 80 per cent of providers distributing into Europe help fund their products’
80% of firms subsidise fund expenses: study – Ignites Europe Read More »
The vast majority of asset managers (79%) subsidise their own funds to keep total charges under control, according to research published this week by Fitz Partners… View full article
Asset managers subsidise fund expenses – Funds Europe Read More »
A large number of cross-border managers distributing into Europe are funding their own funds’ operating expenses to keep client charges down as pressures in the industry mount, a new study reveals. While nearly 80 per cent of fund managers subsidise funds’ expenses, 19 per cent of the recorded subsidies also exceeds funds management fees, says
Eighty per cent of managers subsidise fund expenses – Fund Strategy Read More »