Why fund managers must act now to simplify communication

Instinct Studios' Majid Shabir believes asset managers have an obligation to simplify their communications before being told to by the regulator.

The asset management industry has control over £6.6trn so it is only right the regulator is taking a keen interest in its charging methods and competition structure.  The Financial Conduct Authority's (FCA) latest investigation, its asset management market study, certainly makes for interesting reading. The study will assess the competitiveness of the asset management market in terms of associated costs and value delivered. It will also investigate whether investors can easily choose between asset managers and switch to one that represent better value for money if appropriate. A...