Investment
Investment | 28 Jun 17
Investors hit by £27.7m extra costs in FCA plans
Investors could see fund costs soar by £27.7m a year as asset managers pass on the expensive burden of satisfying new FCA regulations.
Do expensive funds provide value for money?
When investors decide to buy a fund that charges higher-than-average fees, they presumably do so because they expect the manager to compensate for this by delivering outperformance.
Macro Views | 28 Jun 17
Current global expansion may not last, says Newton’s Mulhern
The current steady expansion in the global economy may not last as central banks tighten policy around the world, says Brendan Mulhern, global strategist at Newton Investment Management, a BNY Mellon company.
Investment | 28 Jun 17
FCA backs all-in fee in scathing report on UK funds industry
The Financial Conduct Authority has confirmed plans to crackdown on excessive fund charges in a damning final report on the UK’s £7trn asset management industry, and outlined plans to investigate the investment platform industry.
Macro Views | 27 Jun 17
Five groups most at risk in the FCA asset management report
With the final report from the FCA’s market study of asset management due on Wednesday morning, speculation is rife about what the long-awaited recommendations could say.
We look at the five groups who could face the repercussions.