regulation

FCA should look at index providers first

Has already received approval in other nations

Regulatory changes reducing competition

Regulatory costs expected to double in next five years

IA lowered the yield hurdle from 110% to 100%

Julian Korek, global head of compliance and regulatory consulting at Duff & Phelps, argues there is an opportunity for a twin-track approach to regulation for the UK after Brexit.

Gary Sunderland, head of equity research at Rowan Dartington, says asset managers with the largest purses will be stronger than ever under the new regime.

The FCA's interim findings as part of its Asset Management Market Study, released last November, should have left the industry in no doubt about the direction of travel for the sector over the coming months and years.

Period of transformation

With technology shaping the industry at breakneck speed, regulators must adapt to such changes to provide better oversight and lower costs, writes Simon Ellis, global head - client segments at HSBC Global Asset Management.