Gosling's Grouse: Closet compensation
Critics of active investing had a field day recently when the FCA announced a group of investors were getting £34m in 'compensation' from so-called closet tracker funds.
The investors had apparently been 'misled' into paying an 'active' management charge for a portfolio which effectively tracked the index. But so much about this whole episode, as part of the ongoing...
More on Regulation
MSCI: Seven UCITS funds in danger of Woodford-style liquidity crisis
Breaching SEC rules
Central Bank of Ireland cracks down on 182 closet tracker funds
Forcing KIID and prospectus changes
FCA: Woodford affair highlights need for post-Brexit regulatory shake-up
'Following the letter, but not the spirit, of the rules'
T. Rowe Price to absorb global research costs
Expanding European strategy
More news
Investment Week digital edition - 22 July 2019
Latest edition of the print magazine online
EdenTree's Hepworth reduces fixed income exposure for infrastructure plays
Technological disruption a theme to watch, manager argues
MSCI: Seven UCITS funds in danger of Woodford-style liquidity crisis
Breaching SEC rules
Trade war: What will bring an end to retaliatory tariffs?
In the first half of 2019, the uncertainty surrounding Federal Reserve policy and US-China trade negotiations affected the outlook for all asset classes including global small-cap stocks.
Partner Insight: Why are so many advisers attracted to multi asset strategies?
James Bateman, Chief Investment Officer, Multi Asset, Fidelity answers two key questions about the rise of multi asset investing