Cross-border funds more expensive than local products – Ignites Europe

Cross-border funds in Europe are more expensive than smaller locally domiciled products, new research shows, indicating the limits to which economies of scale are passed on to retail investors.

The findings come as asset managers prepare for EU plans to introduce value for money benchmarks, as part of a shake-up of retail investment rules in the bloc.

Hugues Gillibert, chief executive of Fitz Partners, a specialist fee research company, said there were “disparities” in the way investors were charged across Europe.

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