Image:
"Retail investors in the EU benefit from the choice among thousands of UCITS and alternative funds and structured investment products," - ESMA's Steven Maijoor
Fees charges for UCITs fund products are reducing investors' gross returns by 25% on average, new research from pan-European regulator ESMA has revealed.
ESMA's first Annual Statistical Report on the cost and performance of retail investment products across Europe is the latest regulatory intervention signalling greater pressure on asset managers to...
To continue reading this article...
Join Professional Adviser
- Unlimited access to real-time news, industry insights and market intelligence.
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters.
- Make smart business decisions with the latest developments in regulation, investing retirement and protection.
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes.
