Why advisers are not the only ones fearing regulation

Over the last ten years, a variety of factors have inspired the wall of regulation. Today, a sea of acronyms ranging from UCITS, RDR and AIFMD are forcing a major change in the way the fund management industry operates, impacting everyone from the smallest boutiques to the largest and most sophisticated investment firms. As the dust of the economic crisis begins to settle, fund managers are now coming to terms with the knowledge heightened regulation is here to stay. Despite the accepted view that increased protection of investors is positive, the industry has been faced with an impor...