FCA eyes extension of investment research requirements to pooled funds

Speech by Sarah Pritchard

The Financial Conduct Authority is looking to put in place investment research requirements for pooled funds.

In a speech at the Capital Markets Industry Taskforce conference today (6 September), Sarah Pritchard, executive director of markets and international at the FCA, said the regulator intends to extend investment research rules to such structures. The FCA has introduced new rules which allow asset managers "greater freedom" in the ways they pay for investment research, by allowing them to bundle payments for research and trade execution, she noted. FCA authorisation cancellations doubled last year These were born out of the fact that, although investors were "largely getting the rese...