Industry figures have responded to the FCA's Asset Management Market Study with cautious optimism, welcoming the regulator's call for greater fee transparency, but have warned an "all-in" fund charge could have unintended negative consequences.
In its Asset Management Market Study released late last year, the FCA proposed an 'all-in' fund management fee, with four options of how this could work in practice, alongside a raft of other proposals...
Forcing KIID and prospectus changes
Countdown to 31 October
The Woodford Income Focus fund (WIFF) lost a third of its assets in the month of June alone, as investors continued to flee from funds managed by Neil Woodford, according to data provider Morningstar.
Artemis and Woodford
Broadening reach to wider audience