Hired Lee as head of UK wholesale last year
Could face costly regulatory barriers
Difficulties trading with Europe
Funds available in UCITS structure
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.
Fitch Ratings has said bond managers' efforts to improve the liquidity profile of their funds are still insufficient to meet redemptions if investors begin rushing for the exit.