ESMA consults on harmonisation of performance fees under UCITS Directive

ESMA has published draft guidelines addressing the way in which performance fees can be charged to a UCITS and its investors.

The areas covered by the draft guidelines include the circumstances in which a performance fee should be payable and the disclosure of the performance fee model.

Comments are requested by 31 October 2019, and ESMA expects to finalise the guidelines after Q4 2019.


Roseyna Jahangir