Regulator does not want to 'incentivise short-termism'
Listing two global equities strategies
Aims to encourage competition in industry
Wife also fined £50,000
Discussing Andrew Bailey's Mansion House speech
Less than 100 days until MiFID II deadline
Rising regulatory cost environment
Filling a gap in 'middle tier' of asset managers.
Following Fidelity's move to a variable fee structure on equity funds