FCA Study: 'Tarring all active managers with the same brush is doing a huge disservice'

TD Direct Investing's McGrade responds to criticism

clock • 3 min read

In response to the recent overt criticism of active fund managers - especially in the aftermath of the Financial Conduct Authority's (FCA) Asset Management Market Study, I would like to urge all parties to consider the negative impact this commentary is having on UK investor confidence, writes TD Direct Investing CIO Michelle McGrade.

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Regulation

FCA whistleblowing cases rise to over 300 in Q2 2025

FCA whistleblowing cases rise to over 300 in Q2 2025

FCA closes 350 reports

Patrick Brusnahan
clock 14 August 2025 • 1 min read
FE fundinfo's Helen Slater: Five changes to look for in forthcoming SFDR review

FE fundinfo's Helen Slater: Five changes to look for in forthcoming SFDR review

Due to be announced in Q4

Helen Slater
clock 12 August 2025 • 4 min read
Woodford Investment Management hits back at FCA's fines alongside ban for Woodford

Woodford Investment Management hits back at FCA's fines alongside ban for Woodford

‘No effect’ pending appeal

Cristian Angeloni
clock 05 August 2025 • 4 min read
Trustpilot