Category: Ignites Europe

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

Profit margins fell 27 percent last year, according to an analysis of 1,350 products in Luxembourg, Ireland, and the UK by specialist fee research firm Fitz Partners… View Article Here  

Firms’ efforts to preserve fees paid to portfolio managers have led to larger cuts in their profit margins, new research suggests. Management fees for 1,350 funds in Luxembourg, Ireland and

According to Fitz Partners database, the “vast majority” of funds of funds holding in-house funds invest in a share class offering low fees and “often… View Article here

A Luxembourg third-party management company is introducing an explicit fee across all its funds to meet costs linked to the EU s Sustainable Finance Disclosure… View Article Here 

The UK government has indicated that it will revamp the disclosure rules for charges of investment companies…. View Article Here 

EU asset managers are squeezing the fees they pay to independent fund directors, as firms seek to push down costs in the face of market pressures…. View Article Here