According to Bertrand Merveille, CEO of the independent asset management company and industry spokesman on this controversial issue, the mechanism for monitoring the cost-to-value ratio of funds is ill-calibrated, illegal and penalises the French asset management industry. He is calling on Europe and the French Treasury to show some sensitivity to these issues....
Asset management : BDL Capital Management blasts the ACPR's “Value for Money” initiative
Bertrand Merveille (BDL Capital management)