The gating of the Woodford Equity Income fund has forced the FCA to reassess its impending shake-up of rules governing open-ended fund investments in illiquid assets, the regulator has revealed, as part of its priorities for the asset management sector.
It follows the Financial Conduct Authority's (FCA) October 2018 consultation on new rules for open-ended funds marketed to retail clients investing in illiquid assets, which came in the fallout from the...
Systems, controls, governance and culture
Following more reviews
Beyond the FCA's seven considerations
‘Ensure vulnerability is taken seriously’
Fund managers see 'signs of a tentative recovery'
Operating profits at £117m in first half
Cofunds integration offset expenses
'Others will also lose access to advice as the market implodes'
HBSC, M&G and Janus Henderson ‘constant laggards’