IMA unveils SORP in bid to clarify fund costs
The IMA has issued its public consultation on its Statement of Recommended Practice (SORP) which proposes improvements in the clarity of charges made to investors.
Daniel Godfrey
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IMA proposes statement of principles
The IMA is considering establishing a statement of the principles that govern its approach to business, along with an online guidance document identifying critical issues faced by asset managers and the areas in which the need to manage conflicts of interest are strongest.
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overcomplicated reporting hampering am industry
Fund performance data and historical costs need to be simplified if the asset management industry is to fulfil its potential to make an important and positive difference to consumers and the economy, according to Daniel Godfrey.
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Godfrey redefines IMA objectives
Daniel Godfrey, CEO of the IMA, has outlined three new long-term goals to ensure the body meets the needs of both investment managers and investors in the future.