Imagine going to buy bread from a baker who promises to try his best to bake a good loaf, but cannot promise the outcome, nor tell you how much it will cost. Chances are his bakery will not survive long. Yet, the nature of fund management means an investor...
Working together with regulators will help fund managers to succeed
The Chartered Financial Analyst Institute has appointed an interim CEO after John Rogers stepped down.
Investment companies may have to change the way they pay for research from banks, as the practice comes under the regulator's microscope.