In this month's edition of The Top Down, Mike Sheen and Lauren Mason talk to Square Mile Investment Consulting and Research commercial director Steve Kenny about the new value for money rules, which are hitting the fund sector this month.
From 30 September, the Financial Conduct Authority will force asset management firms to demonstrate how they are acting in the interests of their clients by publishing an annual, public statement laying out their own assessment of value. Square Mile hires ex-Kames distribution head Kenny In August's Bottom Up segment, Kenny explains how performance fits in to measures of value for money, how the new rules fit into the theme of "cultural change", and the importance of regaining the "trust" of investors. We would love to hear your comments, questions or suggestions for topics for fut...
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