Fund companies cut costs to protect shrinking profits
… “According to analysis by Fitz Partners, the fund research company, investment companies have reduced their headline management fees by … Continue reading Fund companies cut costs to protect shrinking profits
Front-office fees fall amid cost tightening – Ignites Europe
Asset managers are being forced to trim costs in the front office as pricing pressure continues to erode their margins. … Continue reading Front-office fees fall amid cost tightening – Ignites Europe
Irish directors wary of new governance rules – Ignites Europe
Irish fund directors have criticised recent measures by the Central Bank of Ireland to force boards to more closely monitor … Continue reading Irish directors wary of new governance rules – Ignites Europe
Fee pressure spreads as M&G reviews Lux range – Ignites Europe
The UK asset manager recently decided to pass on to investors more of the economies of scale in its €37bn … Continue reading Fee pressure spreads as M&G reviews Lux range – Ignites Europe
Alfi: Blocking Luxembourg funds in Germany “not possible” by law
It should not be possible to block Luxembourg-domiciled funds from distribution in Germany when changes to regulation take effect in … Continue reading Alfi: Blocking Luxembourg funds in Germany “not possible” by law
Diverse performance fee rules ‘worrying’ for firms: research – Ignites Europe
Differing requirements from national regulators in European countries are creating problems for funds with performance fees, new research from Fitz … Continue reading Diverse performance fee rules ‘worrying’ for firms: research – Ignites Europe
Popular absolute return funds notch up high trading costs
… Hugues Gillibert, director at fund fee consultancy Fitz Partners, said: “During a year like 2018, one would expect to … Continue reading Popular absolute return funds notch up high trading costs
Fitz Report: Delivering Robust Assessments of Value – Remarks & UK Market Overview
In this report we intend to share with readers what we see as crucial aspects of the quantitative part of … Continue reading Fitz Report: Delivering Robust Assessments of Value – Remarks & UK Market Overview
Clients willing to pay more for large firms, says UBS – Ignites Europe
…“Aleksandar Ivanovic, global head of client coverage and head of Switzerland at UBS AM, says wholesale intermediaries are prepared to … Continue reading Clients willing to pay more for large firms, says UBS – Ignites Europe
Fund groups must put investors first … and prove it – FT
The UK financial regulator’s landmark report into the asset management sector in 2017 sent a scathing message: fund fees are … Continue reading Fund groups must put investors first … and prove it – FT