Chief executive of the Financial Conduct Authority (FCA) Andrew Bailey has expressed he is "concerned" about the new PRIIPS legislation, highlighting literature requirements "are not providing useful context" while there is evidence it is causing US funds to withdraw from Europe.
In a speech delivered at the London Business School's Annual Asset Management Conference, Bailey warned there was evidence the Packaged Retail and Insurance-based Investment Products (PRIIPS) regulation,...
Partner Insight: In this environment, a well-resourced credit research team is essential and having traders to keep check on markets is very helpful too, according to Fidelity fixed income managers Sajiv Vaid, Peter Khan and Kris Atkinson
Impact of political turmoil and Brexit
Latest Incisive Works research
In recent weeks, investors have fixated on the inversion of several sovereign yield curves, most notably the US Treasury curve.
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