Not a day seems to go by at the moment without a fund manager leaving the group they work for, then suddenly popping up the next week somewhere else.
This might seem ironic, given the ‘pressure’ that apparently there has been on fund charges, with the advent of the Retail Distribution Review (RDR) and broader demands by investors for ‘transparency’....
The forces at play in investment - most obviously, regulatory change, uncertain markets and shifting demographics - are as strong today as they were when Professional Adviser launched its sister magazine Multi-Asset Review in 2017.
Regulator has visited some firms already
Platforms react to Fidelity blocking Income Focus purchases
Chris Hill's letter to Treasury
Cash balance surges