Boutiques need to embrace technology
Number of active funds falls below 10,000
Proposes all-in fee on funds
The Financial Conduct Authority (FCA) has suggested a raft of measures to improve "weak price competition" in a number of areas of the asset management industry.
First in range of managed equity funds
Figure currently ranges between 5%-33%
An ever-deepening rift is forming between younger retail investors and the financial services industry, writes Davide Fioranelli, co-founder of Freetrade.io
Investment trust fees have come under fresh scrutiny in recent months, with a number of managers reducing costs or introducing new charging structures in a bid to stay competitive with open-ended peers.