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Important Chairman's Update: July 2018

It has been a very busy year for AREF so far. I would like to particularly mention the excellent work of all our committees driving our lobbying work, informative seminars, networking events and advancing our Code (click here to read more).

We have made tremendous progress over the last few years in broadening our membership, expanding our engagement within member funds and firms, and offering many more opportunities to get involved, learn and interact with others. With all this heightened activity delivering greater value to our members we have had to significantly increase our resources and are committing more into the future, which is not financially sustainable in the medium term.

After a thorough financial review, taking into account some very useful feedback from the Committee Day in March 2018, the Board has decided that, having been static for many years, the fees need to be increased, both to adjust for inflation and to deliver the heightened value AREF is providing its members. It has also been decided that fund fees will now be on a graduated scale, to mitigate the adverse performance impact of a flat fee on smaller funds, based on published NAV as at 30th September immediately prior to renewal. The revised annual fees will take effect as at the next renewal date of 1st November and are as follows (all plus VAT):
Full Members
NAV<= £250m £8,500
NAV> £250m and <= £1 bn £10,000
NAV> £1 bn £12,500
Affiliate and Associate Members

Any questions or queries should be emailed through to me at,

Deborah Lloyd

Did you know that if you work for a firm which is currently an AREF member, you have access to all the AREF member benefits.  Sign your colleagues up if they are not on our database already - email us: