Date: 8th April 2020
Author: BETTER FINANCE
Type: In the news
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.
The costs paid by retail investors are “significantly higher” than those paid by institutional investors, leading to lower net returns, said Steven Maijoor, chair of the European Securities and Markets Authority (ESMA), in the regulator’s second annual statistical report on the cost and performance of EU retail investment products.