Cost of retail investments in Europe in ‘slow decline’
Improvements in product design has increased participation in capital markets
Improvements in product design has increased participation in capital markets
Following an increase in firms offering cross-border services to retail clients across the bloc
They are asking for feedback from industry on potential changes
As lawmakers block reforms due to legal concerns
Bloc’s regulator warns of lower returns for individuals across asset classes
Following a letter from the bloc about concerns over how the legislation affects Europeans
With attracting clients and assets under management the biggest stumbling blocks
Move could save investors up to £17m a year and reduce risk of fraud
Certain binary options with longer expiration periods have been exempted
Mismatches between the liquidity of open-ended investment funds’ assets and their redemption profiles could lead to “fire sales” to meet redemption requests in times of market stress, the European Systemic Risk Board (ESRB) has warned.
The European Securities and Markets Authority (Esma) is turning up the heat on asset managers, highlighting the impact of fund charges on returns in a fresh report. Fund fees wipe out an average 20% of gross returns, according to the regulator.
Growing scrutiny of European fund managers delegating portfolio management to other EU countries is motivated by “political reasons”, the chairman of the Association of the Luxembourg Fund Industry (Alfi) told International Adviser.