Regulation

FCA shies away from product levy

Financial consultant Russell Beaumont discusses how an attitude-to-risk assessment for retail investors can also tell us a lot about the risk personality of the investor - how they think and communicate about financial risk as well as their risk appetite...

The FCA's involvement should be welcomed by active managers in terms of fund clarity and a greater focus on risk-adjusted performance from buyers, says Jon Gumpel, manager of the Brooks Macdonald Defensive Capital fund.

Defends active management

Became chair in May

UK "sat on its own" at negotiating table

Affecting money market funds

Co-manager of the High Yield Bond fund

Group led by Ed Dymott

Lack of understanding can lead to 'large, rapid' losses