FCA launches second consultation on transparency of fund objectives

Will assess use of benchmarks

Beth Brearley


The Financial Conduct Authority (FCA) has launched a second consultation on the back of its Asset Management Market Study into the transparency of fund objectives and the use of benchmarks.

Following the consultation the regulator plans to publish guidance on how fund managers should make their funds' objectives "more useful" to investors, such as by avoiding jargon, and will stipulate when...

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