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...
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Industry Voice: Investors are questioning the inefficiencies that can come with the crowds. Core equity ETFs need to be redefined in favour of the investor.