Research from the AIC comparing investment trust Key Information Documents (KIDs) with their open-ended counterparts suggests OEICs are the riskier product, which chief executive Ian Sayers called "nonsense".
In a bid to persuade the Financial Conduct Authority (FCA) to review KID Summary Risk Indicators (SRIs) sooner rather than later, the Association of Investment Companies (AIC) has compared them to open-ended...
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