Category: Ignites Europe

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

‘Wide mix’ of asset managers increased charges in 2024. More funds raised management fees than cut them last year as asset managers responded to growing pressure on margins, new research

Hugues Gillibert, chief executive of Fitz Partners, a specialist fee research firm, said some asset managers had faced “issues” when assessing tiered charging structures, which automatically reduced management fees as

Hugues Gillibert, chief executive of Fitz Partners, said directors evaluating a fee waiver should assess its rationale, as well as its scale and duration. The size of the fee waiver

Hugues Gillibert, chief executive of Fitz Partners, which provides fee analysis to fund boards, does not think governance has been undervalued so far, but says complacency could change this. He says resources

Average annual ongoing charges of money market Ucits funds rose from 0.1 per cent in 2021 to 0.16 per cent in 2023, according to data in the European Fund and

About half of international asset managers offer these “dedicated” types of share classes that give more discretion on fee levels, accounting for around 10 per cent of cross-border funds’ classes,

However, Hugues Gillibert, CEO of Fitz, says the figures “show the limitation of any global pan-European cost benchmarks” as the high-level comparison… View Article Here