Further to the publication by ESMA of the guidelines on performance fees for UCITS funds and certain AIFs, the Autorité des marchés financiers (AMF) published a position DOC-2021-01 (only available in French) on 05 January 2021. This position aims at establishing a common European performance fee model according to the ESMA Guidelines.
Please be reminded that the guidelines apply to UCITS funds and certain AIFs as follows:
Please refer to the KPMG Newsletter “ESMA released performance fee guidelines for UCITS and certain AIFs” for the main impacts.
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Please note that any information provided is general in nature, is based on the latest publicly available information as analyzed on a best endeavor basis and does not constitute any specific legal opinion or advice.
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