The Financial Conduct Authority (FCA) has launched a second consultation on the back of its Asset Management Market Study into the transparency of fund objectives, the use of benchmarks and performance fees.
The paper proposes measures to improve the quality, comparability and robustness of information available to investors and seeks to address its concerns that fund objectives "are not as clear or specific...
Reducing volatility and maximising returns
Record organic asset growth
Global economic cycle is among the longest in history
Fixed income manager takes a more cautious approach
Duff & Phelps IM selected for real estate vehicle