Europe

EFAMA report

Fund managers retain only 41 per cent of the total cost paid by retail investors, EFAMA finds

Fund managers retain only 41 per cent of the total cost paid by retail investors, EFAMA finds

The European Fund and Asset Management Association (EFAMA) has today released its latest Market Insights report, Perspective on the costs of UCITS. The full report breaks down the costs of UCITS, focusing on the fees charged for the different services provided along the investment fund value chain and distinguishing between the product cost for which fund managers are directly responsible, and the total cost of ownership borne by consumers, which includes the product cost as well as the costs of distribution and advice.

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Largest 500 family businesses prove economic resilience despite pandemic

Largest 500 family businesses prove economic resilience despite pandemic

Despite the turmoil brought on by the Covid-19 pandemic, family-owned enterprises have managed to stay resilient. The world's largest 500 family businesses generated USD7.28 trillion in revenues, employing 24.1 million people across 45 jurisdictions. These and other findings were published today in the 2021 EY and University of St. Gallen Family Business Index which reveals how the largest family-owned businesses have responded to the recent turbulence in the global economy.

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Investment research house Vadevalor launches manager search engine as part of UK rollout

Investment research house Vadevalor launches manager search engine as part of UK rollout

Independent global investment research company Vadevalor has launched a fund manager search engine as part of its rollout to the UK funds market. The firm has researched the many thousands of equity fund managers working in the European market and has awarded a rating to those individuals it deems to have added value over the longer term.

PRIVATE FUNDS

Private funds on the Irish horizon

Private funds on the Irish horizon

The Irish funds industry may have some catching up to do in the private funds space, but as the government gears up to introduce a refreshed Investment Limited Partnerships Act, the jurisdiction is expected to see an influx of managers from the UK, the US and further afield choosing to set up their private funds in Ireland.