FCA warns buy-side about poor fund value assessments
A review of assessment of value reports flagged failures in meeting standards the FCA expects after a major market study in 2017 led to more stringent disclosures for funds.
A review of assessment of value reports flagged failures in meeting standards the FCA expects after a major market study in 2017 led to more stringent disclosures for funds.
The latest set of rules introduced by the FCA come in response to its extensive asset management study which raised concerns about fund fees.