Renewed focus from the FCA on fund selectors
General outlook also improved
Following own review
Active funds' transaction fees have dropped by 20% since 2014
Key regulation of financial services
Rosalyn Breedy, corporate and financial services partner at Wedlake Bell, says UK asset managers should tackle their operating models to develop financial firms fit for the 21st century.
Asset managers need to rebuild trust
FCA released Final Report in late June