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...
0.25% charge on £100,000 investment
Sector launched in April this year
Targeting €1trn AUM by end of 2020
Groups firming up plans
Managed by Jeff Kernagis