Unsurprisingly, most of the responses hitting the inboxes of industry journalists through the course of an otherwise quiet Friday began with “welcoming” messages to the FCA interim report on the asset management industry.
The FCA has criticised the “weak price competition” among asset managers, attacking actively managed funds for failing to outperform their benchmark once fees have been taken into account.
As Portfolio Adviser celebrates its 10th anniversary, we reflect back to inform our view on what challenges the investment industry will encounter in the decade to come.
European Wealth has announced it will alter its fee structure after its financial planning arm saw disappointing turnover and the overall group reported losses in the first half of the year.
Neil Woodford’s peers in fund management have once again been caught off guard by a bold move from Britain’s best known investor.
The average net expense ratios of European-domiciled funds have come down across the board since 2013, according to a study by Morningstar.
A research paper published by the Investment Association has offered evidence which it says calls into question claims hidden fund fees are prevalent in the asset management industry.
Talk of a 0% fee for passive investing is an enticing prospect, but as core funds become cheaper so groups are encouraged to over-complicate the satellite.
Active asset managers can expect growing pressure on fees from DFMs, according to a study from data company Cerulli Associates.
Franklin Templeton Investments has made big cuts to the fees on three of its UK equities funds.
More than a quarter of UK financial advisers are working longer hours, charging an average hourly rate of £157 ($226, €199), according to research from British insurer Prudential.
In an unprecedented move, ERI Scientific Beta, a provider of smart beta indices that is an offshoot of the EDHEC Risk Institute in France, today announced it will offer its mandate clients the option to only pay performance fees.
