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
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
FCA report highlights failures in ACD market
The Financial Conduct Authority has found some authorised corporate directors (ACDs) are operating in the asset management market with inadequate … Continue reading FCA report highlights failures in ACD market
Review of host Authorised Fund Management firms – FCA
“We wanted to test the viability of the host Authorised Fund Manager (AFM) business models and assess whether conflicts of … Continue reading Review of host Authorised Fund Management firms – FCA
Columbia Threadneedle embarks on fee review – Ignites Europe
Columbia Threadneedle has started a review into fund fees with a specific focus on the way economies of scale are … Continue reading Columbia Threadneedle embarks on fee review – Ignites Europe
FCA pushes asset managers to assess profitability – Ignites Europe
The UK financial watchdog says some fund boards have misinterpreted its rules for value assessments and are failing to analyse … Continue reading FCA pushes asset managers to assess profitability – Ignites Europe
Investors receive 50% discount following move out of legacy retail classes
Fitz Partners found that for retail investors invested in about 600 fund products, 51% of the total number of products … Continue reading Investors receive 50% discount following move out of legacy retail classes