Article
EU Retail Investment Strategy: Key Impacts For Fund Managers
The Retail Investment Strategy Directive introduces sweeping new obligations for UCITS management companies and AIFMs, requiring mandatory annual assessments to prevent undue costs and comprehensive Value-for-Money evaluations comparing fund costs and performance against peer groups. Management Companies must now demonstrate that costs charged to retail investors are justified and proportionate, with mandatory reimbursement where undue costs are identified and enhanced governance requirements placing direct
Arthur Cox