Considering the fall-out from the FCA Management Market Study
 
By Lene Hansen – Bips Global Ltd
 
It is still in the interim phase but shock waves from the recent Financial Conduct Authority (FCA) Asset Management Market Study are already being felt across the industry. Despite the voluminous and diverse amount of research and findings, the Executive Summary takes very specific aim at actively managed funds. The main observation being how poorly they compare to passive...