Killian Lonergan from BBH meets with Laura Guthrie, Research Director at Fitz Partners, to put fee structuring into a broader context using data. listen to podcast
Simplifying Cross-Border Fund Distribution – Episode 1: Understanding fund fees – BBH Read More »
EU funds could face new provisions designed to ensure they are delivering value for money for investors as Brussels prepares to bring forth a new plan to boost retail investment in the EU. The retail investment strategy, which is due to be published next month, is expected to bring forward a number of proposals that
EU retail strategy to force funds to deliver value – Ignites Europe Read More »
First Sentier Investors will absorb more third-party expenses that were previously charged to investors in its UK fund range in response to findings from its latest annual assessment of value. The asset manager is also reducing management fees on several global emerging market funds and an Indian equities fund that were more expensive than their
First Sentier absorbs £95,000 in costs with fee cap change – Ignites Europe Read More »
The European Commission is considering requiring asset managers to prepare ongoing value for money assessments of their funds, Ignites Europe has learned. The EU could follow in the footsteps of the UK, which has required firms to assess the value their funds deliver to investors each year since 2019. view full article
Brussels considers UK-style value for money legislation – Ignites Europe Read More »
‘…Fitz estimates that HSBC’s tiered management fee would represent a 3.6 per cent cut to the firm’s revenues across its World Selection funds. Ms Guthrie says: “The level of assets at which economies of scale can be passed on, and the corresponding discount, should really be reviewed each year as part of the assessment of
HSBC underwhelms with tiered fees – Ignites Europe Read More »
BlackRock will introduce tiered fees to its UK-domiciled fund range as the UK regulator pressures asset managers to pass on economies of scale to investors. The world’s largest asset manager confirms in its latest assessment of value that it will soon introduce an “annual management charge tiered pricing model” to its £196bn (€227.9bn) UK authorised
BlackRock to introduce tiered fees to UK range – Ignites Europe Read More »
We have picked the main current areas of discussion across the European fund industry linked to fund governance: ESMA Common Supervisory Action and review of fund costs Impacts of UK Assessment of Value, 3 years on European fund board structures and independent directors fees View Full Newsletter
Fitz Partners News: Fund Governance, Regulations & Fund Boards – ESMA Read More »
Pressure could grow on “dinosaur” asset managers to cut management fees on larger funds, as Columbia Threadneedle joins a small group of firms to adopt a “discount” fee model. View Full Article
Experts say the fixed fee model does not pass on savings from economies of scale UK fund boards have failed to tackle the high costs of fixed fees compared with variable fees over the three years that assessments of value have shone a spotlight on fund charges. Fixed fees have a static percentage charge to
UK value assessments fail to tackle expensive fixed fees – Ignites Europe Read More »
The Financial Conduct Authority’s (FCA) recent review of fund managers’ Assessment of Value (AoV) reports makes for “pretty damning” reading and marks a “huge blow” to firms, although the findings are unsurprising to some industry commentators. view full article
FCA value assessment review: An ‘uncomfortable read’ but unsurprising – Investment Week Read More »