European Commission to investigate fund fees and performance

Could lead to new regulation

clock
Photo: Johannes Jansson/Norden.org/Creative Commons
Image:

Photo: Johannes Jansson/Norden.org/Creative Commons

The European authorities are likely to carry out further analysis of retail product costs, in a move which could lead to regulation in this area.

The Financial Times reports the European Commission is to recommend EU regulators investigate the performance and fees of retail investment products, to ensure better service for consumers.  Valdis Dombrovskis (pictured), who recently took over the financial services brief in Brussels, said in a speech he will ask European authorities to carry out analysis of the net performance and fees of long-term retail and pension products. "Returns on retail investment products and pensions can be heavily influenced by the fees levied by asset managers and intermediaries," said Dombrovskis. "We ...

To continue reading this article...

Join Investment Week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Regulation

The ETF will be available to investors on London Stock Exchange for a total expense ratio of 0.35%.

Franklin Templeton launches Catholic EM sovereign debt ETF

Article 8 ETF for European investors

clock 28 June 2022 • 1 min read
Alex Wright of Fidelity International

Fidelity's Alex Wright: People have misunderstood OMV Russia exposure

'Sentiment is overly pessimistic'

clock 23 June 2022 • 3 min read
Equity funds managed to stay in positive territory with €2.9bn of new net subscriptions

Morningstar: European fixed income funds suffer €16.5bn net outflows in May

Equity funds remained in positive territory

clock 23 June 2022 • 1 min read
Trustpilot