EU fund managers remain entrenched on fund retrocessions, while the UK has tentatively shown that banning commissions could be healthy for the funds industry. view full article
Does UK RDR show the EU must ban fund retrocessions? – Funds Europe Read More »
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 »
An influential member of the European Parliament has issued a stark warning against banning sales commissions to financial advisers, as the European Commission weighs up the measure as part of its retail investment strategy. view full article
EU inducement ban would be ‘disservice’ to investors, warns MEP – Ignites Europe Read More »
“…Last week members of the European Parliament’s economic and monetary affairs committee proposed an outright ban for investment firms to “solicit or accept” any remuneration, payment or benefit for providing a service to a “retail” client, except if directed by the client itself or on their behalf.” view full article
MEP pours cold water on proposal to ban inducements – Ignites Europe Read More »
The European Fund and Asset Management Association (EFAMA) has today released its latest Market Insights report, Perspective on the costs of UCITS. The full report breaks down the costs of UCITS, focusing on the fees charged for the different services provided along the investment fund value chain and distinguishing between the product cost for which
Growth in client assets moving to rebate-free share classes for European cross-border funds has stalled, suggesting that the impact of regulations limiting the use of retrocessions may have peaked. view full article
Assets in European clean classes ‘may have peaked’ – Ignites Europe Read More »
More than a third of the assets owned by UK retail investors are in share classes that continue to pay trail commission to advisers, according to data from Fitz Partners, a consultancy firm. view full article
Third of UK retail assets still in commission-laden funds – Financial Times Read More »
One third of retail assets invested in UK funds are held in pre-Retail Distribution Review (RDR) share classes that pay rebates to financial advisers, research from Fitz Partners has found. view full article
Third of UK retail assets still held in pre-RDR share classes – Professional Adviser Read More »