FCA uncovers significant errors behind Priips transaction costs
The Financial Conduct Authority (FCA) has found significant calculation errors in transaction costs for firms reporting under Priips and Mifid II.
Priips creates unique problems for VCTs and EIS
Priips was intended to improve investors’ ability to compare investments, but tax-advantaged products highlight some of the confusion it has created in the process, according to MJ Hudson Allenbridge vice president Rotimi Ososami.
Alfi chief bemoans regulation overload
The raft of sweeping EU regulations being introduced this year is creating an almighty headache for the asset management industry, says Denise Voss, chairman of the Association of the Luxembourg Fund Industry (Alfi), the investment trade body.
Baillie Gifford’s Anderson ‘extremely disturbed’ by Kids
James Anderson, manager of the £6.5bn Scottish Mortgage Investment Trust, is “extremely disturbed” by Key Information Documents (Kids), saying they focus too much on past investment performance which could mislead investors.