BN155 - FCA Asset Management Market Study
Briefing Notes posted on 14 July, 2017
On 28 June 2017, the Financial Conduct Authority (FCA) published its final report following a major study into the workings of the asset management industry.
The FCA’s report highlights a range of concerns on price competition, value for money for investors, clarity on the objectives and performance of funds, as well as raising issues about the operation of the investment consultancy market.
This BBS briefing note summarises the study and its conclusions, together with our view on the key findings.