Irish central bank to investigate fund manager fees
Regulator looks to identify ‘outliers’ among investment firms
The Central Bank of Ireland will investigate the levels of fees charged by asset managers based in the country next year – one of a "large number" of "themed inspections" that it will carry out – it announced today (December 14).
In October, 1,188 investment funds based in Ireland were registered with the central bank, rising to 6,080 when sub-funds were included.
The bank will review the "total expense ratios (TERs) disclosed in regulatory returns filed by funds", a spokeswoman told Central
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