UK asset managers have been "slow to adapt" to increasing regulatory pressures and are missing out on attracting inflows and new developments in technology, as they struggle to reform legacy issues such as fund charges and distribution processes, according to KPMG.
In a new report titled Evolving Investment Management Regulation, the consultancy firm said investment companies around the world need to "fundamentally" adapt their business models in line with growing...
‘Gareth Southgate Wealth Management’
Questions raised over govt role in dashboard
PA Awards deadline is 28 September