The European Securities and Markets Authority (ESMA) has published a questionnaire which aims to gather evidence on potential short-term pressures on corporations stemming from the financial sector. On December 2019, the findings will be presented to the European Commission that will consider to follow up on them, which might include political actions. Find BETTER FINANCE’s response to
Time for a negotiated settlement for European investors: VW has been dragging its feet over European claims The company has paid out € 30 billion in the US This approach is unfair and unjust to European investors Delaying tactics have not worked; legal pressure is mounting The two leading investor protection associations call for a
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
BETTER FINANCE welcomes the recent publication by the French capital markets supervisor AMF of its “alternative” method to identify potential closet index funds. As pointed out in several studies by BETTER FINANCE over the last few years, Closet Indexing represents a serious investor protection issue, as confirmed by the recent decision of the UK supervisor
With the European elections around the corner, BETTER FINANCE took stock of the developments over the last five years in matters of financial policy at the European level. Although some important measures have been taken to improve the protection European Financial Services Users (i.e. most EU citizens), EU policy makers unfortunately continued to focus on
BETTER FINANCE supports Commissioner Vestager in her decision to allow targeted compensation by the Italian government for individual investors and savers who were defrauded through the sale of risky financial investments. Such compensation should be limited to the victims and should not automatically cover all investors.
Securities lending is the practice of lending a stock, bond or other financial instrument in exchange for interest. Typically, the borrower pays a fee to the lender for the shares. EU rules governing the practice of securities lending by UCITS funds, stipulate that 100% of the income from securities lending – net of direct and