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US regulator identifies widespread ‘deficiencies’ that led investors to overpay for services
Complaint to Europe’s top finance watchdog is blow to continent’s biggest fund hub
The industry needs to mind its language and adopt plain English
More than 50 per cent of Equity Income fund’s assets have been sold
Many investors are sitting in legacy fund share classes that apply the charges, analysts say
FCA questioned over whether asset managers are preventing clients from acting as corporate stewards
Costs are set to rise — but the question of how much and who pays is yet to be decided
Mark Denning resigns after ‘Panorama’ investigation into secret share purchases
IMF warns fixed-income funds are vulnerable to liquidity shocks
Investors flee multimanager products after Equity Income suspension
How could so many have been encouraged to back illiquid fund that was so badly managed?
SEC lowers the barriers to entry, hoping to stimulate competition
US regulator’s guidance on proxy advisers should bring clarity to the voting system
Regulators’ divergent views flag tensions about post-Brexit plans
Market shock would leave up to 40% of junk bond funds unable to cope with investor withdrawals
Concerns emerge over ‘dangerous development’ in Ucits framework
Banks will not have to register as investment advisers under EU rules
Buffer of cash is needed to offset pitfalls of current structure, says industry leader
UK’s best-known stockpicker sells more stakes as freeze enters fifth week
Scepticism over Britain’s ability to change fund rules after Brexit
Central banker lets recruits to the money market know what’s what
SEC told that Europeans will gain advantage unless investment research spending is disclosed
Link Fund Solutions oversees stock picker’s funds and had similar role in 2 earlier fund closures
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