FCA value assessment review: An ‘uncomfortable read’ but unsurprising
The Financial Conduct Authority’s (FCA) recent review of fund managers’ Assessment of Value (AoV) reports makes for “pretty damning” reading … Continue reading FCA value assessment review: An ‘uncomfortable read’ but unsurprising
FCA warns of potential intervention after damning review of fund value assessments
A Financial Conduct Authority (FCA) review of fund managers’ Assessment of Value (AoV) reports has revealed widespread failures in the … Continue reading FCA warns of potential intervention after damning review of fund value assessments
Performance fee rules across Europe lacking harmony
Around 52% of performance fee structures already adhere to ESMA performance fee recommendations, ahead of the restrictions that will come … Continue reading Performance fee rules across Europe lacking harmony
Investors receive 50% discount following move out of legacy retail classes
Fitz Partners found that for retail investors invested in about 600 fund products, 51% of the total number of products … Continue reading Investors receive 50% discount following move out of legacy retail classes
Third of asset managers offer ‘early-bird’ European fund share classes
One-third of asset managers now offer early-bird share classes to European investors in a bid to boost interest in newly … Continue reading Third of asset managers offer ‘early-bird’ European fund share classes
Revealed: Finalists for the 2018 Fund Services Awards
Fitz Partners VfM (Value for Money) Board Reporting has been shortlisted in the category “Best Compliance & Regulatory Solution” for … Continue reading Revealed: Finalists for the 2018 Fund Services Awards
AllianzGI to introduce ‘outperformance’ fee model to UK retail investors
Allianz Global Investors has announced plans to introduce a new ‘outperformance’ fee model on a number of its funds, which … Continue reading AllianzGI to introduce ‘outperformance’ fee model to UK retail investors
FCA has ‘no immediate plans’ to deal with pre-RDR trail commission
The Financial Conduct Authority (FCA) has said it has “no immediate plans” to change its policy on trail commission but … Continue reading FCA has ‘no immediate plans’ to deal with pre-RDR trail commission
Fitz Partners launches reporting service to review funds’ ‘value for money’
Independent fund research company Fitz Partners has launched a fund board reporting service, enabling committees and fund directors to evaluate … Continue reading Fitz Partners launches reporting service to review funds’ ‘value for money’