LegaFund Insights
Insights
Research, legal finance, and private capital perspectives with Swiss institutional rigor.
FinIA and FinSA: Game Changer for Swiss Trustees
The Financial Institutions Act and Financial Services Act fundamentally change the regulatory landscape for trustees in Switzerland — with direct implications for retrocession obligations.
Inflation-linked bonds: what lies between real yield and investor return
Inflation-linked bonds promise to preserve purchasing power. Yet between the instrument's real yield and the return that reaches the investor lies a cost layer that is rarely disclosed in full.
Kickbacks and Conflicts of Interest in the Funds Industry: Why Investors Should Act
Retrocessions on fund products create systemic conflicts of interest. An analysis shows how the practice works and why a ban is being debated.
Press Review: Retrocessions and Kickbacks — What International Media Report
From Reuters to Forbes to NZZ: a curated collection of the most important media coverage on retrocessions, kickbacks, and hidden commissions in Swiss finance.
STEP Journal: Retrocessions and Kickbacks in Swiss Asset Management
The STEP Journal article by Martin Straub quantifies the 'Retro Drag' — the cumulative performance impact of hidden commissions on investor portfolios over 20 years.
Retrocessions Endanger Trust — Hidden Commissions and Conflicts of Interest
Hidden commissions create systematic conflicts of interest between investors and asset managers. An NZZ analysis shows why transparency is the only antidote.