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The comprehensive fee and expense intelligence covers over 100 unique data attributes, is captured at the share class level, and is updated annually and refreshed monthly.

Simfund Platform Launches Comprehensive Fee and Expense Intelligence for U.K. Domiciled Funds

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LONDON (June 5, 2023) – ISS Market Intelligence (ISS MI), a unit of Institutional Shareholder Services and leading global provider of data, analytics, insights, media, and events solutions to the global financial services industry, today announced enhancements to its Simfund platform to deliver detailed fee and expense data for the U.K. domiciled fund universe. This new information, combined with the wider universe of data in Simfund, addresses the Financial Conduct Authority’s Assessment of Value reporting requirement, which mandates that asset managers and their boards operating in the U.K. conduct detailed reviews of fund operating costs, including benchmarking fees and expenses against peers.

The comprehensive fee and expense intelligence covers over 100 unique data attributes, is captured at the share class level, and is updated annually and refreshed monthly.  Leveraging the powerful and customizable analytics capabilities offered by the Simfund platform, users will now be able to include in their analysis detailed fee breakdowns for U.K. domiciled funds and can quickly and easily create custom peer group universes for benchmarking and comparative analysis, all in a single platform. The addition of this dataset eliminates the need to integrate data from multiple sources, in turn allowing users more time to focus on extracting actionable insights from the data. ISS MI will work closely with clients to assist them as they leverage this new intelligence, given ISS MI’s strong presence in the U.K. market and over 20 years’ experience sourcing and delivering financial services product data and analytics, including fees and expenses, globally.

“The critical addition of the U.K.-domiciled fee and expense intelligence on our Simfund platform anticipates and responds to the industry’s and regulators’ increased focus on shareholder costs, and furthers ISS MI’s mission of sourcing and delivering industry-leading data and analytics to meet our client’s evolving needs,” said Ben Doob, Head of ISS Market Intelligence. “Going forward, we will expand on this initiative with the provision of similar data for Luxembourg and Ireland domiciled funds, and through continued investments to proactively address the growing body of regulation in this area.”

Visit here to learn more about Simfund’s capabilities for global asset managers.

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About ISS Market Intelligence
ISS Market Intelligence (MI) is a leading global provider of data, analytics, insights, media, and events solutions to the global financial services industry. ISS MI empowers global asset and wealth management firms, insurance companies, distributors, service providers, and technology firms by providing cutting-edge market-engagement platforms and the actionable intelligence necessary to fully assess their target markets, identify and analyze the best opportunities within those markets, and execute on comprehensive go-to-market initiatives to grow their business.  ISS MI clients benefit from our increasingly connected global ecosystem that leverages a combination of proprietary data, powerful software and analytics, timely and relevant insights, in-depth research, as well as an extensive suite of industry leading media brands that deliver unmatched market connectivity through news and editorial content, events, training, ratings, and awards. ISS MI data and analytics solutions include intelligence from BrightScope, Discovery Data, Financial Clarity, Flowspring, FWW, Investor Economics, MISight, Mortgage Clarity, Plan for Life, RainmakerLive, and Simfund, and ISS MI media brands and market-engagement platforms include Chief Investment Officer, PlanAdvisor, PlanSponsor, Financial Standard, FS Sustainability, Money, and Industry Moves.

About ISS
Founded in 1985, Institutional Shareholder Services group of companies (ISS) empowers investors and companies to build for long-term and sustainable growth by providing high-quality data, analytics and insight. ISS, which is majority owned by Deutsche Bourse Group, along with Genstar Capital and ISS management, is a leading provider of corporate governance and responsible investment solutions, market intelligence, fund services, and events and editorial content for institutional investors and corporations, globally. ISS operates on an arm’s-length basis and Deutsche Bourse has adopted Principles protecting the independence and integrity of ISS’ research offerings. ISS’ 2,000 employees operate worldwide across more than 30 global offices in 15 countries. Its more than 4,000 clients include many of the world’s leading institutional investors who rely on ISS’ objective and impartial ESG and governance research, market intelligence and fund services and data and analytics, as well as public companies focused on ESG and governance risk mitigation as a shareholder value enhancing measure. Clients rely on ISS’ expertise to help them make informed investment decisions.


Media Contact:

Morgan Stoll
Analyst, Marketing
press@issmarketintelligence.com

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