CFA UK backs value for money framework for investment funds
Amid regulatory pressure
CFA UK chief executive Will Goodhart
CFA UK has called for the establishment of a value for money (VFM) assessment framework for all investment funds, which it argues would enable the industry to better demonstrate its value to clients and "increase public trust" of the sector.
In a white paper published on Monday (17 December), CFA UK cited the Financial Conduct Authority's Asset Management Market Study as evidence that VFM is an area of "growing regulatory interest" as authorities...
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