management fees

As competition intensifies

Follows fee cuts on other products

Fee restructures, a rise in fund closures and success for smaller managers are among the predicted themes for the hedge fund industry in 2017, according to consultancy Agecroft Partners.

Should be charging investors passive fees

Boutiques need to embrace technology

The Financial Conduct Authority (FCA) has suggested a raft of measures to improve "weak price competition" in a number of areas of the asset management industry.

To replace higher charging bands

Currently £963m in size

Fee-earning AUM up 22%

"To protect more than a million financial services jobs"