|
While Hughes supported the FCA’s talk on value for money, he added more focus should be on getting a stronger performance from managers.
“I said it last November too but it is a warning shot for the industry to get its house in order before that are forced too,” he added.
Justifying the increased costs, the FCA wrote: “We think that it is likely that the fees and charges will drop considerably more than this low breakeven level, and that our proposal will bring net benefits.”
AQR Apex Ucits fund will invest in a range of lowly correlated sub-strategies
The UK’s debt burden is high and it is not master of its own destiny, writes Cherry Reynard
Two out of nine MPC members voted to cut
Fraser Thorne believes London must ‘learn to blow its own trumpet’ to be competitive
A quarter of the 100 most shorted European companies came from the sector
Standard of corporate culture launched two years ago and currently has 17 signatories
