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Asset Managers Unlikely Winners as FCA Targets Consultants
Asset managers including Schroders Plc and Jupiter Fund Management Plc are getting off lightly in a regulatory overhaul of Britain’s 7 trillion-pound ($9 trillion) industry, analysts say. While the Financial Conduct Authority’s backing for an all-in-fee was a blow for asset managers, the proposals in its report last week are…
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Click here to read the full story: Bloomberg Quint