First Sentier absorbs £95,000 in costs with fee cap change – Ignites Europe
First Sentier Investors will absorb more third-party expenses that were previously charged to investors in its UK fund range in … Continue reading First Sentier absorbs £95,000 in costs with fee cap change – Ignites Europe
Brussels considers UK-style value for money legislation – Ignites Europe
The European Commission is considering requiring asset managers to prepare ongoing value for money assessments of their funds, Ignites Europe has learned. … Continue reading Brussels considers UK-style value for money legislation – Ignites Europe
HSBC underwhelms with tiered fees – Ignites Europe
‘…Fitz estimates that HSBC’s tiered management fee would represent a 3.6 per cent cut to the firm’s revenues across its … Continue reading HSBC underwhelms with tiered fees – Ignites Europe
BlackRock to introduce tiered fees to UK range – Ignites Europe
BlackRock will introduce tiered fees to its UK-domiciled fund range as the UK regulator pressures asset managers to pass on … Continue reading BlackRock to introduce tiered fees to UK range – Ignites Europe
Fitz Partners News: Fund Governance, Regulations & Fund Boards
We have picked the main current areas of discussion across the European fund industry linked to fund governance: ESMA Common … Continue reading Fitz Partners News: Fund Governance, Regulations & Fund Boards
‘Dinosaur’ firms put on notice as Columbia Threadneedle cuts fees on larger funds – Ignites Europe
Pressure could grow on “dinosaur” asset managers to cut management fees on larger funds, as Columbia Threadneedle joins a … Continue reading ‘Dinosaur’ firms put on notice as Columbia Threadneedle cuts fees on larger funds – Ignites Europe
UK value assessments fail to tackle expensive fixed fees – Ignites Europe
Experts say the fixed fee model does not pass on savings from economies of scale UK fund boards have failed … Continue reading UK value assessments fail to tackle expensive fixed fees – Ignites Europe
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