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
Fund managers falling short on assessing the value of their funds – FCA
A review of 18 fund managers between July 2020 and May 2021, covering different business models and sizes, found most had not implemented Assessments of … Continue reading Fund managers falling short on assessing the value of their funds – FCA
FCA report highlights failures in ACD market
The Financial Conduct Authority has found some authorised corporate directors (ACDs) are operating in the asset management market with inadequate … Continue reading FCA report highlights failures in ACD market
Review of host Authorised Fund Management firms – FCA
“We wanted to test the viability of the host Authorised Fund Manager (AFM) business models and assess whether conflicts of … Continue reading Review of host Authorised Fund Management firms – FCA
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
The tyranny of spreadsheets
How one of our most powerful tools became one of the most misused. …One of the striking lessons of the … Continue reading The tyranny of spreadsheets
Baillie Gifford publishes Irish value report, upping pressure on peers – Ignites Europe
Baillie Gifford has published a value assessment report for its Ireland fund range, in a move that could increase pressure … Continue reading Baillie Gifford publishes Irish value report, upping pressure on peers – Ignites Europe
Columbia Threadneedle embarks on fee review – Ignites Europe
Columbia Threadneedle has started a review into fund fees with a specific focus on the way economies of scale are … Continue reading Columbia Threadneedle embarks on fee review – Ignites Europe
AllianzGI holds onto performance fees – Ignites Europe
“Allianz Global Investors is sticking with its outperformance fee share classes in the UK, despite a lack of assets and … Continue reading AllianzGI holds onto performance fees – Ignites Europe