Operating income up just 0.04% in 2016
Vanguard, Amundi, Deutsche AM, BlackRock among members
FCA study could result in 'unexpected consequences'
Andrew Bailey, chief executive of the Financial Conduct Authority (FCA), said he expects to see improved competition within the asset management industry as a result of the regulator's package of 'remedies', which will ultimately lead to lower management...
Has faced criticism during the tenure
'There is much that needs to be done'