Quick-fire interview with OMGI's Buxton: FCA should look to Irish model to beef-up fund boards

Response to Asset Management Study

Katrina Lloyd
clock • 1 min read

Richard Buxton, chief executive of Old Mutual Global Investors, tells Investment Week editor Katrina Lloyd why he believes some of the regulator's recent assumptions about active funds in its Asset Management Market Study were "questionable", although he supports the "sensible" suggestion for greater fund board independence.

He also gives his views on the paper's proposals for improving fund charging transparency, while managing the "tricky" issue of  brokerage commissions. Finally, Buxton discusses his plans for OMGI after taking over as CEO in 2015, as well as his involvement in industry-wide charity initiative CASCAID. See part two of the interview next week for more on Buxton's market views and positioning on his UK Alpha fund.

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