Up to 4.8 million UK scheme members invested in hedge funds pay 36 times more in fees than they would for low cost alternatives according to SCM Direct.
'Asset management is a simple business but it's not an easy business'
IC Select has developed a standard to improve transparency and consistency of performance information across the fiduciary management sector.
Industry veteran Neil Woodford has become one of the first fund managers to stop charging clients for research, paving the way for further changes around fee transparency in the asset management industry.
The Investment Association (IA) has introduced a working group to help establish a new code for disclosing asset management fees and costs.
Daniel Godfrey who left the Investment Association (IA) last year has been appointed ambassador of the Transparency Task Force which campaigns for greater transparency.
Details are emerging of a cost transparency and disclosure code for asset managers that invest on behalf of the local government pension scheme (LGPS).
PP finds out why the scheme is looking to the Netherlands for help
A new set of guidelines has been issued to force private equity firms to improve reporting and fee transparency following concerns from investors in recent months.
The Investment Association (IA) says it is still absolutely committed to getting better transparency on fund management costs and charges for pension trustees.