pa analysis rdr fund costs fee disclosure
Price comparison sites are the norm on the online high street but price transparency does not in itself guarantee a better deal for consumers.
Price comparison sites are the norm on the online high street but price transparency does not in itself guarantee a better deal for consumers.
Research from Lipper asking whether performance fees are “paying their dues” diplomatically says they possibly aren’t. They aren’t.
Investors through intermediaries can directly influence the fees being charged by funds, with the number charging a performance fee declining in recent years.
The European mutual fund industry continues to consolidate, with 875 funds withdrawn from the market in Q2 and only 417 new products launched, according to the latest Lipper research report.
European investors withdrew 13.1bn from equity funds in May, while bond funds hit their lowest monthly total inflows of the year at 6.6bn, according to Lipper.
The first quarter of 2012 saw the lowest number of European fund launches in a first quarter for five years, according to data released today by Lipper.
Active fund managers show a higher level of outperformance when running equity funds invested in Asia Pacific ex-Japan and the UK, while North America and emerging market performance is comparatively weak, says Lipper.
Investors put concerns about absolute return funds on the back burner at the start of 2012, as they poured 880m into them in January alone.
Last year saw a contraction in the number of funds for only the second time in the past decade, according to Lipper’s annual European Fund Market Review.
Mutual funds focused on the UK have performed better and more consistently in the past three years than those investing in any other region, according to data from Lipper.
The latest figures from Lipper show European investors shunning their own bonds and looking across the Atlantic for dollar-denominated propositions.
Outflows from both bond and equity funds eased significantly in October, compared to those experienced in a “summer of carnage”, according to latest data from Lipper FMI.