First Sentier absorbs £95,000 in costs with fee cap change – Ignites Europe
First Sentier Investors will absorb more third-party expenses that were previously charged to investors in its UK fund range in … Continue reading First Sentier absorbs £95,000 in costs with fee cap change – Ignites Europe
EU inducement ban would be ‘disservice’ to investors, warns MEP – Ignites Europe
An influential member of the European Parliament has issued a stark warning against banning sales commissions to financial advisers, as … Continue reading EU inducement ban would be ‘disservice’ to investors, warns MEP – Ignites Europe
Lux watchdog warns firms on fund charges – Ignites Europe
Luxembourg’s financial regulator has flagged shortcomings in asset managers’ setting of fee levels and ongoing charges calculations following a probe … Continue reading Lux watchdog warns firms on fund charges – Ignites Europe
European independent directors paid up to 100 times more than others
The variation in remuneration for European independent directors on fund boards is significant, ranging from €1,000 to over €100,000 per … Continue reading European independent directors paid up to 100 times more than others
JO Hambro has no plans to use ‘fairer’ fee calculation in UK – Ignites Europe
… “Laura Guthrie, director of research at Fitz Partners, a specialist fee research firm, says “a number of fund ranges” … Continue reading JO Hambro has no plans to use ‘fairer’ fee calculation in UK – Ignites Europe
FCA value assessment review: An ‘uncomfortable read’ but unsurprising
The Financial Conduct Authority’s (FCA) recent review of fund managers’ Assessment of Value (AoV) reports makes for “pretty damning” reading … Continue reading FCA value assessment review: An ‘uncomfortable read’ but unsurprising
FCA warns of potential intervention after damning review of fund value assessments
A Financial Conduct Authority (FCA) review of fund managers’ Assessment of Value (AoV) reports has revealed widespread failures in the … Continue reading FCA warns of potential intervention after damning review of fund value assessments
Fund managers falling short on assessing the value of their funds – FCA
A review of 18 fund managers between July 2020 and May 2021, covering different business models and sizes, found most had not implemented Assessments of … Continue reading Fund managers falling short on assessing the value of their funds – FCA
Performance fee rules across Europe lacking harmony
Around 52% of performance fee structures already adhere to ESMA performance fee recommendations, ahead of the restrictions that will come … Continue reading Performance fee rules across Europe lacking harmony
FCA pushes asset managers to assess profitability – Ignites Europe
The UK financial watchdog says some fund boards have misinterpreted its rules for value assessments and are failing to analyse … Continue reading FCA pushes asset managers to assess profitability – Ignites Europe