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 »
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 »
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
European funds’ profit margins have been squeezed over the past three years, according to new research by Fitz Partners. The specialist fee research firm has assessed the management fees of 1,300 funds domiciled in Luxembourg, Ireland and the UK, stripping out investment advisory fees – which pay for portfolio managers and research analysts – to
Fund profit margins squeezed: research – Ignites Europe Read More »
In the latest edition of its ‘Investment Advisory Fee Benchmarking Report’, fund research company Fitz Partners has looked at the different costs which make up fund management fees and also an estimate of fund margin levels. The latest Fitz Partners’ research is based on asset managers’ confidential fee schedules and covers over 1,300 funds with
European fund boards are obliged to ensure performance fees are aligned with investors’ interests. Fund directors have been put on alert after a UK investment trust was forced to launch a review of its performance fee structure following a £112m (€130m) payment to its investment manager. View Full Article
Performance fee controversy sparks warning – 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 »
Funds of funds are being made to look a lot more expensive than they are due to “ridiculous” charge disclosure rules, says a senior fund executive. Ben Conway, head of fund management at Hawksmoor Investment Management, says the rules, which require funds of funds to include underlying fund charges in a single charge figure,
Fund manager warns of ‘ridiculous’ charges disclosure – Ignites Europe Read More »