A wishlist for the industry

Regain the public’s trust

European regulators have given their views recently on how to improve the investment management industry, with the Financial Conduct Authority (FCA) unveiling final rules as part of its Asset Management Market Study, while we certainly will not be forgetting the implementation of MiFID II and PRIIPs earlier this year anytime soon.

Fees and transparency issues have been at the crux of these developments but judging by the responses to this week's Big Question where we asked industry commentators what key areas within asset management they feel need to change to make real improvements for investors, there appears to be so much more on people's minds. Keeping up with a developing world by embracing new technology was a frequent suggestion, as was the need for a high active share for active funds and relying less on sell-side research in order to achieve "different conclusions" and "high conviction" in portfolios. ...