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
Brussels considers UK-style value for money legislation – Ignites Europe
The European Commission is considering requiring asset managers to prepare ongoing value for money assessments of their funds, Ignites Europe has learned. … Continue reading Brussels considers UK-style value for money legislation – 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
Baillie Gifford publishes Irish value report, upping pressure on peers – Ignites Europe
Baillie Gifford has published a value assessment report for its Ireland fund range, in a move that could increase pressure … Continue reading Baillie Gifford publishes Irish value report, upping pressure on peers – Ignites Europe
Schroders expands value review to European funds – Ignites Europe
‘Schroders is starting to apply its approach to UK assessments of value across all its European and global fund ranges, … Continue reading Schroders expands value review to European funds – Ignites Europe
Liontrust’s claims of best practice for fees under scrutiny – Ignites Europe
Liontrust’s directors have claimed that its fixed administration charge follows industry best practice, despite other firms increasing their use of … Continue reading Liontrust’s claims of best practice for fees under scrutiny – Ignites Europe
Have the FCA’s fund reforms changed the industry?
One year ago this month, landmark rules came into force obliging UK asset managers to come clean about the value … Continue reading Have the FCA’s fund reforms changed the industry?
UK fund boards must ‘challenge’ firms, warns FCA – Ignites Europe
The UK’s financial watchdog has urged fund boards to actively challenge investment managers over the value they deliver to retail … Continue reading UK fund boards must ‘challenge’ firms, warns FCA – Ignites Europe