Fund Management

Danish FSA criticizes investment funds for inadequate evaluation between costs and returns

The Danish FSA has investigated seven investment funds with unsatisfactory returns and/or high costs, and the authority now calls for better evaluation from the boards of mutual funds.
Danes risk paying too much and getting too poor returns in Danish investment funds if the ratio between costs and returns is not evaluated by the board of directors, says the Danish FSA. | Photo: Thomas Borberg
Danes risk paying too much and getting too poor returns in Danish investment funds if the ratio between costs and returns is not evaluated by the board of directors, says the Danish FSA. | Photo: Thomas Borberg
by dorthe bach, translated by katrine gøthler

The evaluation of the relationship between returns and costs is lagging in Danish investment funds, sounds the conclusion of a thematic study conducted by the Danish Financial Supervisory Authority (FSA) of seven mutual funds from seven different Danish fund managers. 

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