The FCA's requirement that all UK open-ended funds have at least two or 25% of independent non-executive directors (iNEDs) on their boards will not "transform the industry" and does not go far enough, experts have warned
With exactly six months left for fund groups to implement the rule, which was one of the many 'remedies' outlined last April by the Financial Conduct Authority (FCA) following its Asset Management Market...
'No viable alternative'
Assist customers to get better deal
3 March 2020
CIO Stephen Jones will take up UK duties on an interim basis
Should discuss with their clients