The FCA has used its consumer protection powers for the first time, banning the sale of contingent convertible securities to the mass market.
Yesterday, the Financial Conduct Authority (FCA) announced plans to temporarily restrict the sale of CoCos to retail clients from 1 October, saying the securities are "highly complex...and unlikely to...
Formerly managed by Bill Gross at Janus Henderson
Opportunity in high yield laggards
Industry Voice: Is uncertainty creating a buying opportunity for active managers or is the UK at risk of becoming a zombie nation due to flagging fundamentals?
Will remain as president