Fund trading fees are well beneath the cost of management fees and come nowhere near to doubling total fund expenses or ongoing charges, proving some predictions to be overstated, research by Fitz Partners shows… View full article
Fitz Partners finds trading fee predictions overblown – Funds Europe Read More »
One of the largest expenses incurred by cross-border and UK-domiciled equity funds is not disclosed to retail investors, according to new data and experts. Figures from Fitz Partners, a firm that calculates fund fees and expenses, reveal that brokerage fees are the second-largest expense incurred by over 20,000 products in Europe. View full article
Data shed light on buried fund brokerage fees – Ignites Europe Read More »
Trading costs are a big chunk of overall fees View full article
Chart that tells a story . . . fund fees Read More »
Dutch asset managers will come under pressure to disclose total fund costs after domestic banks implement a new voluntary code from next year. Hugues Gillibert, chief executive of Fitz Partners, a mutual fund research firm specialising in fees, believes “confusion over total fund fees reigns in Europe”. view full article
Dutch firms braced for new cost disclosures – Ignites Europe Read More »
The UK financial regulator, the Financial Conduct Authority, last month asked asset managers to scrap the annual management charge in all fund marketing material. Hugues Gillibert, CEO at Fitz Partners, says this is a step in the right direction but adds that firms must do more to reassure investors. (Watch Video)
Fund charges: expert calls for use of benchmarks – Ignites Europe Read More »
An imminent report by the UK regulator could shed a negative light on asset managers taking an “adventurous” and “creative approach” to fund charges, experts say. The report, which is due out next week, is part of an examination by the Financial Conduct Authority into product design and oversight initiated last year. view full article
UK industry frets over report on fund charges – Ignites Europe Read More »
UK-domiciled funds with share classes that comply with the retail distribution review (RDR) and which invest in European equities are 10 basis points cheaper than funds domiciled in Luxembourg, a report from Fitz Partners says… View full article
European equity fund costs cheapest in UK – Funds Europe Read More »
Greater than average portfolio turnover in almost one of five UK equity funds is adding more than 40 basis points to their total expense ratios, research suggests. Fund research company Fitz Partners says it has been able to detail the turnover for 700 UK funds, investing in both bonds and equity. It uses the US
How much is portfolio turnover adding to TERs? – Fund Strategy Read More »
The difference in price between conventional and ‘clean’ share classes, created after the Retail Distribution Review (RDR), is greater for equity funds than bond funds, suggests new research by Fitz Partners. view the full article
Cost saving on ‘clean’ share classes bigger for equity funds – Funds Europe Read More »