Guillaume Prache was interviewed on EuroParlTV on the Financial Transaction Tax (FTT), providing the individual investor perspective on this important issue. See the interview on our website or on EuroParlTV. For more details on the EuroFinUse position on the FTT, please read our position paper here.
Some of the biggest passive funds providers have announced that they will cut the fees for some products. The price war among trackers determined Blackrock to reduce prices on five funds, with four of them reducing the costs by at least 50 per cent. Vanguard also decided to remove some of their costs, namely the
Towards the end of 2017 Deutsche Bank announced that it will rebrand its asset management division, Deutsche Asset Management. The division is soon to be floated as a partnership limited by shares, or a KGaA (Komandit), a corporate structure that will give minority shareholders limited influence over the entity. The IPO is about to be
Volkswagen pleads guilty and will pay $4.3 billion to settle with the US Department of Justice (DoJ), bringing the total cost of this fraud to $20 billion. Six high-ranking executives have been indicted by the DoJ and the former US Head of Compliance, Oliver Schmidt, has been arrested in the US. It shows the willingness
The OECD Forum was held in Chile and focused on the theme of “lost productivity worldwide”. The international organization published a report entitled "link between productivity and inclusiveness" ahead of the forum. In this report the OECD points out that among the many challenges facing our economies, the biggest barrier to improving economic performance is
Following a year of efforts by DSW, BETTER FINANCE member and Germany’s largest investor association, Deutsche Bank has agreed to undergo a special investigation by an external auditing firm. The audit will serve to determine whether the current risk control systems of the bank are sufficient and able to determine legal risks that could lead
A new report by the Department of Business, Innovation & Skills (BIS) has found that many UK private investors are unaware of the different shareholding options available and the shareholder rights attached to each option. There are three main ways shares can be held in companies: Certificated – you hold a paper share certificate as
For years now the active management of investment fund portfolios has suffered negative criticism with financial headlines relegating the failing practice to the dustbin of history. Following years of persistent failure by the majority of fund managers to outperform the market, the evidence in favour of index investing – also known as “passive” – is
On December 3rd, the Bulgarian Financial Forum, a member organisation of BETTER FINANCE, held an event to discuss “Alternative solutions to the banking crisis”. The conference gathered not only a large number of legal and financial professionals but also a broader public interested in the topic. High-level speakers presented alternatives views to the mainstream narrative
BETTER FINANCE is very sad to inform you about the passing away of François Perrin-Pelletier, who spent the last decades defending French and European savers and individual investors. He co-founded the biggest French savers organisation FAIDER in 2004 and presided over it until 2007. He was also the president of GAIPARE, the French association of