The asset management sector is coming under intense scrutiny from regulators and consumer bodies in areas like transparency and value for money.
Markets rebound despite talk of impeachment in Brazil and the US
Aberdeen and Standard LIfe set aside fund manager bonus retention pot
Last year saw some titanic battles in the closed-ended fund space, as activist investors flexed their muscles and challenged investment trust boards on issues including fund performance and value for money.
Political and market volatility in weeks ahead
The FCA's interim findings as part of its Asset Management Market Study, released last November, should have left the industry in no doubt about the direction of travel for the sector over the coming months and years.
Retaining existing customers a key element