The International Organisation of Securities Commissions (Iosco) has called for all national regulat...
The International Organisation of Securities Commissions (Iosco) has called for all national regulators to force fund managers to collate and disclose total expense ratios (Ters) in a standardised fee table, allowing a global comparison of charges. The move has been announced in a consultation paper, in which Iosco sets out best practice for calculating the TER. The organisation pointed out that "fees and expenses have long been a concern for regulators" and investors should not rely solely on past performance to make an investment decision. Iosco admits the bear market has increased i...
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