CONSULTATION ON PERFORMANCE FEES GUIDELINES IN UCITS

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Type of event
Consultation
Section
Fund Management
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Responding to this paper

ESMA invites comments on all matters in this paper and in particular on the specific questions summarised in Annex I. Comments are most helpful if they:

  • respond to the question stated;
  • indicate the specific question to which the comment relates;
  • contain a clear rationale; and
  • describe any alternatives ESMA should consider.

ESMA will consider all comments received by 31/10/2019.

All contributions should be submitted online at www.esma.europa.eu under the heading ‘Your input - Consultations’.

Publication of responses

All contributions received will be published following the close of the consultation, unless you request otherwise.  Please clearly and prominently indicate in your submission any part you do not wish to be publicly disclosed. A standard confidentiality statement in an email message will not be treated as a request for non-disclosure. A confidential response may be requested from us in accordance with ESMA’s rules on access to documents. We may consult you if we receive such a request. Any decision we make not to disclose the response is reviewable by ESMA’s Board of Appeal and the European Ombudsman.

Data protection

Information on data protection can be found at www.esma.europa.eu under the heading Legal Notice.

Who should read this paper

This document will be of interest to asset managers managing retail funds and their trade associations, as well as institutional and retail investors investing into such funds and their associations.

Activity Institution Download
Others Association of Austrian Investment Fund Management Companies
  • 53107
Others Austrian Federal Economich Chamber, Division Bank and Insurance
  • 53131
Asset Management IAIM
  • 53168
Investment Services ANASF - Associazione nazionale consulenti finanziari
  • 53170
Asset Management A&L Goodbody Solicitors
  • 53264
Asset Management Aperture Investors, LLC
  • 53185
Asset Management Belgian Asset Managers Association (BEAMA)
  • 53201
Insurance and Pension European Federation of Financial Advisers and Financial Intermediaries (FECIF)
  • 53206
Others Irish Venture Capital Association
  • 53265
Asset Management J. DE DEMANDOLX GESTION
  • 53213
Issuers The Association of Investment Companies
  • 53215
Asset Management Norwegian Fund and Asset Management Assocoation
  • 53216
Asset Management Generali Investments, Asset and Wealth Management
  • 53217
Asset Management Amundi AM
  • 53218
Asset Management Aperture Investors, LLC
  • 53219
Asset Management Sycomore Asset Management
  • 53220
Asset Management AFG
  • 53221
Association of the Luxembourg Fund Industry
  • 53222
Asset Management Amundi Asset Management
  • 53224
Investment Services Alternative Investment Management Association (AIMA)
  • 53226
Asset Management BlackRock
  • 53227
Asset Management Orbis Investment Management (Luxembourg) S.A.
  • 53230
Asset Management European Fund and Asset Management Association (EFAMA)
  • 53231
Asset Management Orbis Investment Management (Luxembourg) S.A.
  • 53232
Banking Finance Norway (see ID in enclosed file)
  • 53234
Asset Management BVI
  • 53237
Legal and Accountancy Arthur Cox
  • 53238
Others BETTER FINANCE - The European Federation of Investors and Financial Services Users
  • 53240
Asset Management Swedish Investment Fund Association
  • 53245
Asset Management H2O AM LLP
  • 53249
Others Irish Funds Industry Association
  • 53266
Others BETTER FINANCE - The European Federation of Investors and Financial Services Users
  • 53250
Asset Management ASSOGESTIONI
  • 53251
Others Irish Funds Industry Association
  • 53252
Others Morningstar
  • 53253
CFA Institute
  • 53260