Central Bank to inspect investment funds next year

The bank has published a programme of themed inspections for 2016

The Central Bank of Ireland

The Central Bank said it will review the production costs of investment funds in 2016, one of a series of themed inspections it plans for next year.

The investigation is expected to include the fees asset managers charge investors and will be the largest ever investigation of its kind in Europe.

“In 2016, an area of focus will be fees charged by Irish-domiciled investment funds. Value for money for the end investor is ...