Fees paid by retail investors who invest in funds with ‘clean’ share classes have significantly dropped since 2016, research shows. The ongoing charges figure (OCF) for many cross-border European funds investing in equities has fallen by 7% while assets have climbed 86% over the period, according to research by Fitz Partners. To read the article, […]
UK asset managers have cut at least £120m (€139m) in ongoing charges following the introduction of reforms that require firms to assess the value of their funds. New research by Fitz Partners, a specialist fee research firm, shows that investors in 600 funds have recently been moved to lower charging share classes. view full article
UK firms slash £120m in charges following value reforms – Ignites Europe Read More »
The Irish regulator has uncovered multiple failings over the calculation and disclosure of performance fees, suggesting that asset managers may have overcharged clients. The Central Bank of Ireland, which unveiled its findings today, has required that all fund boards review the use of performance fees to ensure local regulatory guidance is applied. view full article
Irish regulator finds performance fee compliance failures – Ignites Europe Read More »
Fitz Partners VfM (Value for Money) Board Reporting has been shortlisted in the category “Best Compliance & Regulatory Solution” for the Investment Week Fund Services Awards. view full article
Revealed: Finalists for the 2018 Fund Services Awards – Investment Week Read More »