FBC’s Director of Fund Board Governance Roberta Piani features in Ignites Europe, discussing the EU Retail Investment Strategy (RIS)’s new value for money peer benchmarks.
In the article, Roberta asserts that the value for money requirements will “sharpen expectations” for fund directors by “shifting the debate from disclosure alone to accountability for pricing decisions”.
She highlights that, while asset managers would select the peer group the fund was being measured against on costs, directors would “need to understand and challenge how those peers are selected and what conclusions are being drawn”.
Subscribers to Ignites Europe can read the full article here
