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 »
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
‘…Fitz estimates that HSBC’s tiered management fee would represent a 3.6 per cent cut to the firm’s revenues across its World Selection funds. Ms Guthrie says: “The level of assets at which economies of scale can be passed on, and the corresponding discount, should really be reviewed each year as part of the assessment of
HSBC underwhelms with tiered fees – Ignites Europe Read More »
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 »
Experts say the fixed fee model does not pass on savings from economies of scale UK fund boards have failed to tackle the high costs of fixed fees compared with variable fees over the three years that assessments of value have shone a spotlight on fund charges. Fixed fees have a static percentage charge to
UK value assessments fail to tackle expensive fixed fees – Ignites Europe Read More »
Exclusive data provided to Financial News by Fitz Partners, a firm which specialises in fund fee analysis, show the management fees generated by sustainable vehicles have surged over the past two years, coinciding with increased investor demand for environmental, social and governance products. view full article
ESG boom generates 300% jump in revenues for asset managers – Financial News Read More »
New research has debunked the idea that funds integrating environmental, social and governance factors charge higher average fees than their non-ESG peers. Sustainable funds have previously been criticised for charging higher fees to make up for declining revenues as investors move to lower-cost exchange traded funds. Several analyses reveal that there is no fee premium built
“ESG funds not more expensive, research finds” – Ignites Europe Read More »