Inducement ban could boost retail ETF investment, says EU commissioner – Ignites Europe
The EU’s financial services chief has said an EU-wide ban on inducements could enable greater retail investment in exchange traded … Continue reading Inducement ban could boost retail ETF investment, says EU commissioner – Ignites Europe
MEP pours cold water on proposal to ban inducements – Ignites Europe
“…Last week members of the European Parliament’s economic and monetary affairs committee proposed an outright ban for investment firms to … Continue reading MEP pours cold water on proposal to ban inducements – Ignites Europe
Investors in unbundled share classes charged lower fees thanks to economies of scale
Fees paid by retail investors who invest in funds with ‘clean’ share classes have significantly dropped since 2016, research shows. … Continue reading Investors in unbundled share classes charged lower fees thanks to economies of scale
Fund managers retain only 41 per cent of the total cost paid by retail investors, EFAMA finds
The European Fund and Asset Management Association (EFAMA) has today released its latest Market Insights report, Perspective on the costs … Continue reading Fund managers retain only 41 per cent of the total cost paid by retail investors, EFAMA finds
Investors receive 50% discount following move out of legacy retail classes
Fitz Partners found that for retail investors invested in about 600 fund products, 51% of the total number of products … Continue reading Investors receive 50% discount following move out of legacy retail classes
UK firms slash £120m in charges following value reforms – Ignites Europe
UK asset managers have cut at least £120m (€139m) in ongoing charges following the introduction of reforms that require firms … Continue reading UK firms slash £120m in charges following value reforms – Ignites Europe
Esma rejects EU-wide ban on inducements – Ignites Europe
Policymakers had been considering whether inducements for the provision of retail investment products should be banned across the EU, as … Continue reading Esma rejects EU-wide ban on inducements – Ignites Europe
FCA changes could fail to budge pre-RDR investors
…Old Mutual Global Investors, Legal & General, Franklin Templeton and BNY Mellon investors face the largest discounts on OCFs for … Continue reading FCA changes could fail to budge pre-RDR investors
AllianzGI to introduce ‘outperformance’ fee model to UK retail investors
Allianz Global Investors has announced plans to introduce a new ‘outperformance’ fee model on a number of its funds, which … Continue reading AllianzGI to introduce ‘outperformance’ fee model to UK retail investors
Active fund fees fall as passive competition bites – Ignites Europe
… basis points respectively between 2013 and 2016, according to analysis of annual fund accounts by Fitz Partners. Retail share … Continue reading Active fund fees fall as passive competition bites – Ignites Europe