Central Bank issues industry letter on costs and fees to fund managers
On 24 March 2023, the Central Bank of Ireland (the “CBI”) published an industry letter (the “Letter”) on the 2021 Common Supervisory … Continue reading Central Bank issues industry letter on costs and fees to fund managers
JO Hambro has no plans to use ‘fairer’ fee calculation in UK – Ignites Europe
… “Laura Guthrie, director of research at Fitz Partners, a specialist fee research firm, says “a number of fund ranges” … Continue reading JO Hambro has no plans to use ‘fairer’ fee calculation in UK – Ignites Europe
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
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
Schroders expands value review to European funds – Ignites Europe
‘Schroders is starting to apply its approach to UK assessments of value across all its European and global fund ranges, … Continue reading Schroders expands value review to European funds – Ignites Europe
Esma to analyse fund fees with national regulators – Ignites Europe
Europe’s markets watchdog is to work with national financial regulators to assess the costs and fees levied by Ucits funds … Continue reading Esma to analyse fund fees with national regulators – Ignites Europe
European performance fee rate reaches 17% – Ignites Europe
Performance fee data published by Fitz Partners this month indicates that the average performance fee rate charged by funds in Europe has … Continue reading European performance fee rate reaches 17% – Ignites Europe
Esma curbs high-watermark performance fees – Ignites Europe
Europe’s markets watchdog is pushing ahead with plans to limit the ability of funds with high-watermark performance fee structures to … Continue reading Esma curbs high-watermark performance fees – 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
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