FE launches cost transparency tool for advisers
FE has launched a tool which it said provides advisers with a simpler and more holistic way of measuring the impact of costs on real returns and bypass projections provided by fund groups.
MiFID II
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Faulty Aviva platform sends advisers false 10% drop warning
Aviva has been forced to issue another apology to advisers after they were wrongly sent a notification that the value of their clients’ portfolios had dropped by more than 10%.
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Morningstar launches outsourcing unit for Mifid II
Morningstar has launched a unit for advisers and financial institutions to outsource fund selection and asset allocation in a “post-Mifid II world”.
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How fund houses can deliver best execution under Mifid II
While decisions on external research have so far been dominating headlines in the post-Mifid II world, Winterflood Business Services is now seeing focus shifting to the challenges of delivering best execution.
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Fund managers in for ‘shock’ Mifid II research bill
Fund managers might be in for a research bill shock as the first quarter under Mifid II draws to a close, Chris Turnbull of the Electronic Research Interchange (Eric) has warned.
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Alfi chief bemoans regulation overload
The raft of sweeping EU regulations being introduced this year is creating an almighty headache for the asset management industry, says Denise Voss, chairman of the Association of the Luxembourg Fund Industry (Alfi), the investment trade body.
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FCA boss rejects Mifid II enforcement at all costs
FCA chief executive Andrew Bailey has rejected arguments Mifid II rules should be implemented whatever the cost to markets.
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Fidelity makes U-turn on research costs
Fidelity International has reversed its stance on research costs and is joining many asset managers in absorbing the fees of external research, instead of passing it on to clients.
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IFAs should disclose 10% drop in performance
IFAs offering advised investment portfolios should consider matching DFMs by voluntarily disclosing any 10% falls in value to clients, says investment expert Graham Bentley.
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Nucleus CEO: Mifid II will kill fund price herding
Mifid II will kill the mistaken notion that all funds cost the same, Nucleus chief executive David Ferguson says.
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Advisers brace themselves to explain Mifid II transaction charges
The disclosure of transaction charges from fund managers owing to Mifid II has seen portfolio advisers bracing themselves for some potentially tricky discussions with clients.
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Hidden fees leave more questions than answers
While the transaction costs uncovered by Mifid II and spotlighted by the Lang Cat’s analysis on 20 of the most influential UK retail funds have revealed the industry’s lack of transparency, they have also generated more questions without obvious answers.