'Will help the changing role of the adviser'
Valentine's Day special
The FCA's involvement should be welcomed by active managers in terms of fund clarity and a greater focus on risk-adjusted performance from buyers, says Jon Gumpel, manager of the Brooks Macdonald Defensive Capital fund.
Brooks Macdonald and Rathbone Investment Management were among the Gold Standard Award winners honoured at a special ceremony at the House of Commons last night.
Evolution of the Economic Advantage process
Brooks Macdonald and Rathbones top list
At the start of the year, broad-based fears that an emergency step devaluation of the renminbi was needed to prevent China's economy undergoing a 'hard-landing' were weighing heavily on the country's stockmarket.