January 2020
In 2019, the European Securities and Markets Authority (ESMA) launched a public consultation about performance fees for UCITS, the article comes back on this process that aimed to promote convergence on the several fees’ topics in the UCITS world.
While going through the why, what and how of this topic which needs to be reviewed under the view of “asset manager acting honestly and fairly when it comes to fees”, the article invites readers to come back to the ESMA guidelines as costs and fees are key factors for the success of an effective CMU.
