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 »
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
The UK’s cheapest authorised corporate director has tweaked its fee structure, signalling wider trends about regulatory costs facing the industry. Valu-Trac transitioned from fixed fees to an ad valorem fee structure – a percentage of assets under management – at the start of the year, people close to the host ACD say. view full article
UK’s cheapest ACD ditches fixed fee model – 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 »
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
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 »
Pressure could grow on “dinosaur” asset managers to cut management fees on larger funds, as Columbia Threadneedle joins a small group of firms to adopt a “discount” fee model. View Full Article
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,