FCA study could result in 'unexpected consequences'
Responding to greater regulatory pressures
For activities in FX market between 2007 and 2013
Despite 7% increase in AUM
Pushing margins down further
Ease burden for smaller firms
Andrew Bailey, chief executive of the Financial Conduct Authority (FCA), said he expects to see improved competition within the asset management industry as a result of the regulator's package of 'remedies', which will ultimately lead to lower management...
Merger set to complete 14 August