Europe’s financial regulator has urged fund firms to monitor more closely funds that have significant exposures to corporate debt and real estate.
Europe’s financial regulator has urged fund firms to monitor more closely funds that have significant exposures to corporate debt and real estate.
The EU markets regulator has called for greater coordination between member states to prevent asset managers from overcharging retail investors, putting fund fees in the spotlight once again.
The European Securities and Markets Authority (Esma), the EU’s securities markets regulator, has approved the extension of four trade repositories registrations (TRs).
The three European Supervisory Authorities (the EBA, EIOPA and Esma – collectively known as the ESAs) have opened a consultation on ESG disclosure standards for financial market participants, advisers and products.
Fund associations and asset managers are digesting guidelines for performance fees that were issued by Europe’s financial regulator this week.
The German investment funds association BVI has hit out at any attempt to clamp down on short-selling in the EU as demanded by some regulators and market participants.
There is still a significant impact on investment returns for retail investors due to costs that are on average 40% higher than for institutional investors, Europe’s financial watchdog says.
A tool designed to detect market manipulation and insider dealing has been launched following the European Securities and Market Authority (Esma) announcement last week that it would be increasing surveillance of hedge funds and other short sellers trying to take advantage of the coronavirus-caused market rout.
The growth of alternative assets in Luxembourg has created a myriad of opportunities for asset servicers, Nicholas Pratt discovers.
Luxembourg’s alternatives business is flourishing. But for reasons beyond the Grand Duchy’s control, European investors may not be benefiting from the broader global growth in these assets, says Nick Fitzpatrick.
