Category: Ignites Europe

Boards of UK authorised fund managers are sticking with their value assessment processes, despite the local financial watchdog relaxing disclosure requirements in an effort to help reduce costs. The Financial

Third-party management companies have been accused of cutting their charges to “unsustainable levels” and potentially “skimping” on their regulatory responsibilities as a result. Hugues Gillibert, CEO of Fitz Partners, which researches

Cost pressure on third-party management companies has reached “unsustainable levels” and could compromise regulatory oversight, experts have said. External management companies generally oversee funds run by smaller investment managers that

Two companies plan to combine fund data, regulatory reporting and risk calculations. Belgian financial technology company RiskConcile has acquired London-based specialist fund fee research firm Fitz Partners. The Leuven-headquartered provider

Closures and consolidations drive fears of concentration risk and job losses. A wave of asset managers in Luxembourg are closing down “expensive” fund management companies, sparking concerns of concentration risk

The UK regulator’s plans for “paring back” the level of detailed information authorised fund managers must include in their annual value assessment reports have divided opinion. Asset managers have welcomed

Boards making progress in tacking ‘natural conflict’ in charging structure. Fund board directors say there is “room for improvement” when disclosing performance fees to investors, despite increased oversight of the

Independent board members must look out for investors’ best interests. Independent directors must scrutinise the drivers and impacts of any proposals to raise fund fees, as increases in product charges

Reduction in non-executives ‘could create gap in expertise’, say experts. Asset managers have trimmed the number of independent directors on their fund boards as they wrestle with cost pressures, new