UK asset managers must assess value for money

Asset managers must assess each year how much value for money they offer investors, Britain’s markets watchdog said, but stopping short of tougher measures called for by critics of the £8tn (€9.1tn) industry.

UK asset managers must assess value for money

By Huw Jones and Simon Jessop

Asset managers must assess each year how much value for money they offer investors, Britain’s markets watchdog said, but stopping short of tougher measures called for by critics of the £8tn (€9.1tn) industry.

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