A survey conducted by PricewaterhouseCoopers and the European Fund and Asset Management Association (EFAMA) has found that more than 50% of asset managers have failed to factor in the cost implications of the UCITS IV Key Information Document (KID). In response, BNP Paribas has taken the decision to help its clients put together KID-compliant reporting packs. Each reporting pack will focus specifically on the quantitative aspects of both simple and complex funds such as fund performance, market risk indicators and charges. "By continuously improving our range of services, BP2S aims to provide its asset manager clients with world-class solutions to help them comply with complex regulatory change,” explains BP2S head of asset manager practice Mauro Dognini.