One year ago this month, landmark rules came into force obliging UK asset managers to come clean about the value offered by their products. As the FCA embarks on a probe into the first round of the so-called value assessments, FTfm examines fund managers’ efforts so far. view full article
Have the FCA’s fund reforms changed the industry? – Financial Times Read More »
The UK’s financial watchdog has urged fund boards to actively challenge investment managers over the value they deliver to retail clients. In an interview with Ignites Europe, Nick Miller, head of the asset management department at the Financial Conduct Authority, warns that it is “not good enough” for boards to take a box-ticking approach to new
UK fund boards must ‘challenge’ firms, warns FCA – Ignites Europe Read More »
One of the strongest bastions of stockpicking, the UK is now following the US by embracing the low-cost, index-tracking approach pioneered by BlackRock and its American rivals Vanguard and State Street Global Advisors. view full article
US’s passive investing juggernauts break new ground in Britain – Financial Times Read More »
Value is in the eye of the beholder, or so the saying goes. But in the world of asset management, the onus is now on providers, not the underlying clients, to prove their worth. view full article
When will asset managers play their cards on value? – Money Marketing Read More »
Irish fund directors have criticised recent measures by the Central Bank of Ireland to force boards to more closely monitor investment performance… “The Irish regulator says boards must consider “if the Ucits [fund] has delivered on the stated objective, and remains a viable and suitable investment for investors” and whether the fees charged are “appropriate
Irish directors wary of new governance rules – Ignites Europe Read More »
In this report we intend to share with readers what we see as crucial aspects of the quantitative part of the AoV. The remarks below are a summary of comments, queries or concerns many of our clients have shared with us over the last year before considering using our Board Reporting service as part of
Fitz Report: Delivering Robust Assessments of Value – Remarks & UK Market Overview Read More »
…“Aleksandar Ivanovic, global head of client coverage and head of Switzerland at UBS AM, says wholesale intermediaries are prepared to pay slightly more for a firm with a wider range of services in order to free up time with customers. […] wholesale clients want a “more narrowly defined set of partners” to work with. This
Clients willing to pay more for large firms, says UBS – Ignites Europe Read More »