Moody's Investor Service has warned rule changes proposed in the Financial Conduct Authority's (FCA) occasional paper published last Thursday on the £8.1trn asset management industry will be negative for active managers.
In a research note, Tiziano Oliva, associate analyst at Moody's, claimed the suggested changes on presenting charges information to investors could increase active managers' compliance costs while reducing...
Ceremony will take place 13 November
300 organisations signed charter
Tough year for the sector
Targeting annual yield of 4%