If they were in any doubt, asset managers have been made painfully aware the Financial Conduct Authority (FCA) means serious business when it comes to tackling the key issues blighting our industry, including dealing with closet tracker funds.
The FCA said over the weekend that a number of asset managers have taken the step of paying £34m in compensation to investors who overpaid for closet trackers following an investigation by the regulator...
Headed up by Penny Kyle
Ex-Standard life manager Angela Burns
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Talking Strategies: The number of companies in Asia with higher payout ratios have grown since the mid-1990s, but some investors remain wary of searching for income in Asia and Japan. In this video, Jupiter's Jason Pidcock and Dan Carter explain why this...