United Kingdom
Tax & Regulation | 25 Jul 17
Firms late with Mifid paperwork need emergency plans, says FCA
Financial firms that have missed the deadline to submit crucial information for compliance with Mifid II rules must have contingency plans in place, the UK’s Financial Conduct Authority (FCA) has warned.
Macro Views | 25 Jul 17
Is the IMF’s UK revision a red flag for investors?
The International Monetary Fund’s decision to downgrade the UK’s growth forecast for 2017 was likely a wake-up call for some investors. But is it a signal of more dire times ahead? Or just another year of mediocre growth?
Best Practice | 25 Jul 17
Is your DFM offering value for money?
Investors can assess whether a DFM offers value for money by unbundling the DFM’s service into admin costs, market access costs and applied research, and allocating a “reasonable cost to each”, a consultancy claims.
Tax & Regulation | 25 Jul 17
Jailed ex-Schroders trader ordered to pay £350k to FCA
A UK judge has ruled the Financial Conduct Authority can claw back £350,000 ($455,837, €391,249) from a former Schroders fund manager convicted of insider dealing.
Multi Asset | 25 Jul 17
UK advisers backing multi-asset funds
More than a third (36%) of UK advisers are mainly using multi-asset strategies with clients, up from less than a fifth (18%) last year, research from Aegon UK has found.