Autif is in the early stages of reviewing whether to include FSA-recognised offshore funds in perfor...
Autif is in the early stages of reviewing whether to include FSA-recognised offshore funds in performance tables alongside onshore unit trusts and Oeics, writes Robert Stock.
Autif has asked for feedback from management groups, the European association of fund trade bodies FEFSI and the FSA.
Anne McMeehan, director of communications at Autif, said there was a split between groups on the issue and no consistency across European trade bodies on the way the issue is dealt with.
Some groups favoured having offshore funds listed alongside onshore, however, unresolved issues such as differences in internal taxation, valuation methods, and disclosure need to be addressed.
Standard & Poor's is also looking at the issue.
Philip John Flint Wood, Standard & Poor's European managing director for Fund Services said: 'We do occasionally get requests for UK retail fund services data and supply this on an as and when basis.
'We have been looking at whether we should be using such data in our products and this is under review.'
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