What is indisputable is the issue of 'closet trackers' has long been a serious blight on the reputation of the whole active management fund industry.
Confirmation expected in 'next few weeks'
The FCA scrapping its banking culture review, the worst performance from the FTSE 100 since 2011 and a tough year for Warren Buffett were among the key stories of the past fortnight.
Must identify risks and costs of bundled products
Ian Overgage, director of FE Kii Hub, explains why the industry may not be ready to meet the regulator's 2016 deadline for the introduction of key information documents for PRIIPs.
Will come into force 31 December 2016 if approved
The Financial Conduct Authority (FCA) has said European dealing commission reforms will benefit fixed income funds, but market participants remain uncertain of the impact of the changes.