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 »
The European Commission has toned down its support for a full ban on inducements as it prepares to propose measures designed to increase retail investment in the EU. Mairead McGuinness, European commissioner for financial services, announced yesterday that Brussels is now “looking at tightening the conditions under which inducements are allowed” rather than a full
Brussels softens stance on inducements ban – Ignites Europe – Ignites Europe Read More »
“…Hugues Gillibert, chief executive officer of Fitz Partners, a specialist fee research firm, says that while creating a share class with a higher fee “is always feasible”, there are challenges with a carbon offset share class. The extra fee “would need to [vary] in line with the level of carbon offset required based on the
Are carbon neutral share classes on the way? – Ignites Europe Read More »
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 »
On 24 March 2023, the Central Bank of Ireland (the “CBI”) published an industry letter (the “Letter”) on the 2021 Common Supervisory Action (“CSA”) on costs and fees of UCITS (here). The Letter outlines the CBI’s findings from the CSA and supervisory expectations and key actions for fund managers. view full notice
ESG funds remain cheaper than non-ESG products, according to research by Fitz Partners. The number of ESG-labelled fund products in Europe grew by 89% last year, while the gap between ESG and non-ESG management fee averages has reduced to 2bps in the previous twelve months. view full article
ESG funds continue to attract lower fees – Funds Europe Read More »
The difference in fees charged by environmental, social and governance funds in Europe and their conventional peers has narrowed over the past year, according to analysis by fund research company Fitz Partners. view full article
Price gap between ESG funds and conventional peers narrows: Fitz – Ignites Europe Read More »
Rising fee income from ESG funds was a bright spot in an otherwise bleak year for asset managers. Asset managers saw fee income from sustainable bond and equity funds multiply in 2022, with the former generating the largest revenue increase in percentage terms, and fee income swelling 384 percent to $215 million, according to a
Fee Income From ESG Funds is on the Rise – finews.com Read More »
Sustainable bond funds saw the biggest revenue increase in percentage terms, jumping 384% last year to $215m, according to estimates exclusively provided to Financial News by Fitz Partners. Fitz Partners, which analysed the retail share classes of more than 3,500 European funds, excluding ETFs, found the steep rise in revenues coincided with a 343% jump in average