Industry participants have largely welcomed today's Financial Conduct Authority's (FCA) consultation paper of the 2018 Platform Market Study, saying the changes proposed will lead to "increased competition between platforms and more choice for consumers".
In a consultation paper published based on the findings of last year's final report, the FCA said it wanted platforms to take steps to bring about unit class conversions so clients switching platforms...
Equities overweight down to 3%
Relates to 136 million transaction reports
Patience must be a watchword
MSCI has recently increased the Chinese A-share market's inclusion factor from 5% to 20%.
Change of objective