Despite a 10-year bull market both for European equities and bonds, the outlook for European pension savers remains bleak. Whereas returns have improved in recent years, the Better Finance study, Pension savings: the real return, once again shows that most long-term pension savings products did not, on average, return anything close to those of capital markets.
Europe has made limited progress with its capital markets union, and decision-makers must do more to protect people’s right in the space, the advocacy group Better Finance said in a report looking ahead to today’s conference of the Federation of European Securities Exchanges. “BETTER FINANCE believes that the CMU initiative provides the ideal opportunity to
Among other topics, the latest newsletter of POLITICO discusses the clash of fund managers and consumer groups on fees and responses to ESMA’s Consultation Paper on Guidelines on Performance Fees in UCITS. BETTER FINANCE, as a representative of financial services users, was quoted in the newsletter: “It falls under the fair treatment of investors to penalize the
“Savers across Europe with private pension plans endured a miserable year for performance in 2018 with widespread negative returns raising more concerns about the health of retirement systems across the region.” Read the full article on FTfm.
Eén kans op tien om markt te kloppen Hoe hoger de kosten van een beleggingsfonds, hoe slechter het rendement in vergelijking met de markt. Dat blijkt uit een nieuwe studie van Better Finance. De fondsensector nuanceert dat en wijst op de andere troeven van actief beheerde fondsen. […] One chance in ten to beat the
Asset News has caught up with Guillaume Prache, the managing director of European retail investor federation Better Finance, to discuss data, regulation and long-term among others. […] What do you think should be the top key priorities of the European commission regarding retail investors? Simpler, more transparent and more comparable retail investment products, in particular
Retail investor association BETTER FINANCE has released its study looking at the impact of fees upon the performance of equity funds domiciled in France, Luxembourg and Belgium. The main conclusion of the research released on 20 June 2019 in Brussels – the more you pay for an equity fund, the less you get returns from
For some years now, robo advisers have been on the rise among private investors and savers. According to a report from Deutsche Bank, automated advisory services in Europe reached 14 billion euros of assets under management last year. That is still modest when compared to the 150 billion dollars managed by American robo consultants and
BETTER FINANCE conducted research on the securities lending practices of the 10 most active European funds in this field, most of which are based in Luxembourg. Even though the rules are clear, the research results have demonstrated wide discrepancies between the funds with regards to the redistribution of the revenues. According to Guillaume Prache, Managing
BETTER FINANCE has challenged BlackRock, UBS Asset Management and Deka, amongst others, on the revenues generated by their securities lending activities, reigniting a debate about an opaque but lucrative part of the fund industry. Under rules issued by the European Securities and Markets Authority in 2012, asset managers cannot profit from securities lending. However, analysis