In the Margins

Calls for stronger fund governance in U.K. asset management biz

February 21, 2017

By Pensions & Investments

The Financial Conduct Authority should consider enhanced governance and a “health warning” on fees as part of its market study into the U.K. money management industry. It also wants enhanced fund governance processes, with “demonstrably robust mechanisms for the definition, consideration and reporting of how funds deliver in the best interests of clients to enable governance bodies, advisers and investors to better assess and compare value.” Read the original story from Pensions & Investments.

 

 

Most Read

10 Things
10 Things...to know about the ETF share class

Independent directors who anticipate overseeing exchange-traded fund share classes are contemplating myriad issues related to what many industry participants believe will be a seismic shift in ...