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 »
The cost of Ucits funds for retail investors has continued its steady decline, according to an annual update by the European markets watchdog, which nonetheless warns of the “high” charges levied by some products. In its fifth annual report on the costs and performance of EU retail investment products, covering trends up to the end
Cost of Ucits funds for retail investors continues ‘slow’ decline: Esma – 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 »
… “Laura Guthrie, director of research at Fitz Partners, a specialist fee research firm, says “a number of fund ranges” have been updating their performance fee methodologies following the publication of the European Securities and Markets Watchdog’s guidelines.” view full article
JO Hambro has no plans to use ‘fairer’ fee calculation in UK – Ignites Europe Read More »
Around 52% of performance fee structures already adhere to ESMA performance fee recommendations, ahead of the restrictions that will come fully into force all over Europe in the coming year. Although all funds are not yet fully compliant with these guidelines, …[Fitz Partners]… research shows that many funds have seen their performance fee structures changed
Performance fee rules across Europe lacking harmony – Investment Week Read More »
‘Schroders is starting to apply its approach to UK assessments of value across all its European and global fund ranges, according to its global head of product.’ ‘…Influenced by the approach of the UK Financial Conduct Authority, regulators in the EU have been intensifying their scrutiny of “the pricing process” and “undue costs”, which may
Schroders expands value review to European funds – Ignites Europe Read More »
The European Securities and Markets Authority said yesterday that it has launched a common supervisory action on the supervision of costs and fees of Ucits with national competent authorities, which is to be conducted this year. The supervisory action seeks to “assess the compliance of supervised entities with the relevant cost-related provisions in the Ucits
Esma launches costs and fees probe – Ignites Europe Read More »
Europe’s markets watchdog is to work with national financial regulators to assess the costs and fees levied by Ucits funds and alternative investment funds, as part of its 2021 work programme. view full article
Esma to analyse fund fees with national regulators – Ignites Europe Read More »
Europe’s markets watchdog is stepping up its efforts to stop funds charging excessive fees to investors by putting pressure on national regulators to increase their supervision of management companies. The European Securities and Markets Authority yesterday published a report on costs in Ucits and alternative investment funds as part of its push to enforce convergence
Esma ups pressure on regulators to tackle excessive fund fees – Ignites Europe Read More »
The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has published today a supervisory briefing on the supervision by National Competent Authorities (NCAs) of costs applicable to Undertakings for the Collective Investment in Transferable Securities (UCITS) and Alternative Investment Funds (AIFs). This briefing comes in response to the need to improve convergence across NCAs
ESMA – Supervisory briefing on the supervision of costs in UCITS and AIFs – ESMA Read More »