As ETFs become increasingly mainstream, investors haven’t hesitated to jump on the bandwagon. In fact, in July ETFGI found that assets invested in ETFs and ETPs had reached $5.12trn, compared to $2.16trn in 2013. While this is a positive move for investors, it has also put the squeeze on asset managers, who now find themselves […]
UK manager Rathbone Investment Management has launched the first of a series of reports that aim to investigate the value added and impact of growing use of the DFM (discretionary fund management) model, particularly in regards to its use by financial advisers. The Rathbones Value of discretionary fund management report notes that DFM has “boomed” over the […]
Cerulli Associate’s latest European research points to ‘fee wars’ having broken out into the open in the actively managed space, while UK based Fitz Partners has highlighted significant discounts being made available via clean share classes put in place after the country’s Retail Distribution Review – with both sets of research suggesting a significant shift […]
The asset management industry in the UK will be previewing the new industry standard for fee disclosure requirements in the coming weeks, warned Chris Sier, the chair of the Financial Conduct Authority’s taskforce set up to promote transparency. Mifid II’s goal of creating fairer and more open markets certainly dovetails with an era of an […]
Danske Bank is the best performing bank in addressing digital transparency challenges, according to a ranking of corporate websites conducted by consultant Comprend. The Danish bank has topped the 2015/2016 Webranking, a transparency stress test evaluating Europe’s 52 largest banks by market capitalization, with 69.5 points out of 100. Swedbank received the second largest score with […]
A research conducted by Italian digital wealth manager MoneyFarm shows that 81% of private investors think investment advice is biased towards generating fees for the industry rather than delivering better investment performance. The research also suggests that a substantial proportion of investors are shifting away from financial advice and adopting a DIY approach, as high fees are now seen as […]
French minister of finance Michel Sapin has presented the outlines of the draft law on transparency, anti-corruption and economic modernisation. Its first component aims to regulate lobbying activities and protecting whistleblowers, especially in the financial sector, by creating a special status. Another facet of the draft law seeks to fight and prevent corruption in France with the creation […]
Transparency, both in official reporting and day-to-day communication, not only tops fund selectors’ demands, but lack of it is also the main criterion for deselection. Cerulli Associates’ report entitled European Fund Selector 2015: Securing a Place on the Buy List has found that buyers value transparency of process above all else-including performance. Fund selectors told Cerulli […]
Digital corporate communication consultant Comprend has launched Webranking, a research on how Europe’s 500 largest companies use their digital presence to engage and respond to the needs of professional stakeholders in what we have developed as a transparency communications stress test. The research responds to a start of 2015 which has seen a significant flow of investments towards […]
Members of the Global Forum on Transparency and Exchange of Information for Tax Purposes took significant steps during a meeting in Jakarta, to implement a global call for greater international co-operation against tax evasion, the OECD reports.
FTSE 100 companies lack confidence to commit to future financial projections following the crisis, a survey from analysis consultancy Metapraxis revealed.
Exchange traded funds (ETFs) are set to become increasingly used by institutional and private investors alike, according to a Swiss Funds Association specialist committee, which stresses the standards and transparency of the asset class.