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
A capital markets union, a banking union, strengthened financial supervision and making the European financial sector more sustainable… These are just a few of the ambitious proposals from the European Commission. Despite the opposition of Member States, many of those plans have been implemented over the last ten years. Although there is still a long
Despite the attempts to channel equity trading to the “lit” markets, more than half of European stock is bought and sold through “dark pools”. BETTER FINANCE has long criticised its negative effects on transparency and pricing, promoting the need to restore confidence in financial markets. Attempts to regulate the financial markets and instruments have already
Brussels has approved plans for the Pan-European Personal Pension Product (PEPP). Eugen Teodorovici, Minister for Finance of Romania told Funds Europe that “Under the new rules, PEPPs will have the same standard features wherever they are sold”. PEPP savers will not only be able to choose from a broad range of providers but will also
As BREXIT approaches, the loss of the main financial centre in the EU is also nearing. In such circumstances, the Capital Markets Union, as well as various other legislative initiatives and action plans are more important than ever. Speaking at a BETTER FINANCE conference in December 2018 in Brussels, Stephane Boujnah, CEO of Euronext, insisted