UK regulators to blame for rise of passives
UK regulators are to blame for the rise of passive funds amid feelings that active managers have fallen short of expectations, according to Alan Steel
Fsa
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pa analysis nobody spotted Invesco failings
The unanswered question coming out of the FCA fining Invesco Perpetual £19m yesterday is: why did nobody else spot this?
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FCA fines reach close to 500m in 2013
Since its introduction in April last year the FCA has been incredibly stringent on fining firms and then telling the world about it as a lesson to others.
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When managers misbehave can they ever recover
Three years ago the Gartmore saga relating to suspected wrongdoings by Guillaume Rambourg understandably dominated headlines across the trade and national press.
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Working group lays out outsourcing principles
A collective calling itself the Outsourcing Working Group has laid out principles for asset management companies to work within to improve the functionality of their outsourcing arrangements.
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The FCAs 100k social media bill
The City regulator has spent more than £100,000 on social media, clocking up its bill by training staff on Twitter and Facebook as well as monitoring and analysing online platforms.
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Sants bows out of Barclays role
Hector Sants has decided to leave Barclays after taking some time out due to stress.
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FCA skilled person reports
The number of Skilled Person reports ordered by the City regulator has fallen by close to 20% since it revamped the way it conducts its investigations.
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ucis fsa fscs default
The Financial Services Compensation Scheme (FSCS) has placed a string of firms into default, including P3 Wealth Management which last year was banned by the regulator over unregulated collective investment scheme sales.
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Barclays sants fsa
Barclays’ Hector Sants has taken three months’ leave because of stress.
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FCA completes supervision reform with senior hires
The FCA has completed the restructure of its supervision division with the hire of four directors that will head up key areas within it.
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analysis applause for fca over ucis
The ban on promoting Ucis schemes introduced by the FCA earlier this week has gone by without so much as one man protesting outside the FCA’s headquarters holding a ‘Paint slogan here’ placard.
