Why 2020 needs to be a seminal year for the asset management industry

Transparency and governance must come to the fore

Does a new year, and indeed a new decade, mean a fresh start? Many within the asset management industry will hope so.

With 2019 proving a challenging year, many within the investment world will be hoping for positive news and events to counteract some of the headlines of the past year that are significantly reshaping the industry. Chief among these have been issues relating to transparency and governance, particularly in the wake of the Woodford scandal, and the subsequent questions raised around asset management industry practices, including asset allocation (from a liquidity standpoint), fees and accountability.  EU regulators unite for UCITS liquidity risk supervision There have, of course, bee...