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, […]
The European Fund and Asset Management Association (EFAMA) has today released its latest Market Insights report, Perspective on the costs of UCITS. The full report breaks down the costs of UCITS, focusing on the fees charged for the different services provided along the investment fund value chain and distinguishing between the product cost for which
Around 52% of performance fee structures already adhere to ESMA performance fee recommendations, ahead of the restrictions that will come fully into force all over Europe in the coming year. Although all funds are not yet fully compliant with these guidelines, …[Fitz Partners]… research shows that many funds have seen their performance fee structures changed
Performance fee rules across Europe lacking harmony – Investment Week Read More »
Fitz Partners found that for retail investors invested in about 600 fund products, 51% of the total number of products with a remaining legacy retail class in place, had been moved to cheaper classes. The research also revealed that the discounts received by investors after they had been moved ranged from 24% to 67%, with
Cut-throat price competition among tracker fund providers is fuelling the war on fees across Europe’s investment industry with active managers joining their passive counterparts in axing fees to attract new investors and retain existing clients. Fees for exchange traded funds have fallen by 30 per cent over the past three years while index-tracking mutual fund
Fee war escalates across Europe’s fund industry Read More »
Liontrust’s directors have claimed that its fixed administration charge follows industry best practice, despite other firms increasing their use of variable charges in order to pass on cost savings to investors as fund assets rise. view full article
Liontrust’s claims of best practice for fees under scrutiny – Ignites Europe Read More »
The fierce price war among providers of traditional exchange traded funds may be over, with many industry professionals saying that fees for these products cannot fall any further, the Financial Times reports. view full article
Price war for plain vanilla ETFs may be over, professionals say – Ignites Europe Read More »
One third of asset managers in Europe are offering lower fees on selections of share classes in a push to make investment into newly launched funds more attractive, finds London-based research firm Fitz Partners. view full article
One-third of asset managers now offer early-bird share classes to European investors in a bid to boost interest in newly launched funds, according to Fitz Partners’ research. view full article
Third of asset managers offer ‘early-bird’ European fund share classes – Investment Week Read More »
A review by Fitz Partners, a London-based fund research company specialising in the detailed calculations of fund fees and expenses found that of truly passive products, ETFs are more expensive than index tracking counterparts. view full article
Fee pressure in passive asset management – Fitz Partners Read More »