Active funds' transaction fees have dropped by 20% since 2014
Ten years since Bernanke's warning on sub-prime debt
Extra burdens for largest firms
Key regulation of financial services
Could face an additional three years behind bars
Responding to greater regulatory pressures
'Significant' Brexit transitional deal needed
Rosalyn Breedy, corporate and financial services partner at Wedlake Bell, says UK asset managers should tackle their operating models to develop financial firms fit for the 21st century.