By Chris Duncan on August 20, 2010
Whenever markets trade in a range or head south for a sustained period, you can bet that investment fund charges will come under scrutiny. With volatility high, indices on a knife edge and investors increasingly trepidatious, a glut of stories has duly appeared highlighting ‘opaque’ TERs, ‘hidden charges’, unloved performance fees and high AMCs. As [...]
Posted in Communications | Tagged Active funds, AMC, charges, Passive funds, TER
By Chris Duncan on July 26, 2010
S&P, Moody’s and Fitch made a bold decision last week: they effectively banned the use of their ratings for new issues of asset-backed bonds. Since credit ratings are a legal requirement for bond registration statements in the US, this move has, in a single stroke, shut down the public market for asset-backed securities. (Although the [...]
Posted in Communications | Tagged Fitch, Moody's, Ratings, S&P
By Chris Duncan on July 14, 2010
When is a Ucits fund no longer a Ucits fund? That is the question currently facing the European fund industry, as regulators attempt – as outlined in this week’s FTfm – to reconcile the increasing complexity of ‘Newcits’ funds with the rules outlined in the Markets in Financial Instruments Directive (Mifid). It’s not hard to [...]
Posted in Communications | Tagged Mifid, UCITS III
Your comments...