Inspections by the British accounting watchdog FCR have revealed that the overall quality of the work carried out by ”the big four” in the UK has not improved since last year and that none of them is meeting quality control standards. The regulator has criticised the auditors for routinely failing to challenge managers and for
BETTER FINANCE’s Romanian member organisation AURSF (the Association of Romanian Financial Services Users) has teamed up with the largest non-banking source of debt financing (consumer credit) in Romania to promote financial education, responsible lending and borrowing. The campaign was launched in June with the publication of a small guide to financial terms and concepts to
On 15-16 July 2019, BETTER FINANCE Research and Policy Officer Stefan Voicu will participate in the second technical workshop on the work for Level 2 amendments concerning the PRIIPs KID.
On 20 November 2019 BETTER FINANCE and CFA Institute will organise a joint conference “Sustainable Value for Money”. The conference will focus on the importance of the long-term value creation in sustainable finance, as well as fair, clear and non-misleading investor information as crucial aspects in regaining the trust of EU citizens and investors.
Ahead of the event “Sustainable Value for Money”, organised by BETTER FINANCE and CFA Institute, their member organisations are invited to a roundtable, where they will discuss the results of the questionnaire on the issue.
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
With Mario Draghi, the president of the European Central Bank, stepping down at the end of October, the ECB faces a credibility problem with doubts on whether his replacement will be up to the job. While according to Ferdinando Giugliano (Bloomberg), as long as question marks remain over who will be the next president, the
Shortly after its release, the new research by BETTER FINANCE on the Correlation between Costs and Performance of EU Retail Equity Funds has been picked up by media outlets across Europe. The study is based on a very large sample of funds (1,970 active funds), with BETTER FINANCE covering equity funds domiciled in France, Luxembourg
New research by BETTER FINANCE on the Correlation between Costs and Performance of EU Retail Equity Funds without a doubt establishes a negative correlation between returns and fees Brussels, 20 June 2019 – Common knowledge has it that if you want to beat the market, you need to turn to highly active management … at
This research paper is part of BETTER FINANCE’s annual #FundResearch project, an umbrella research activity aimed at providing qualitative and quantitative assessments of the EU market for retail investment funds, focusing on Undertakings for Collective Investment in Transferable Securities (UCITS) and Alternative Investment Funds (AIFs). This paper compares mutual fund returns with their market index