On 4th February 2019, the FCA published Policy Statement 19/4 setting out its final rules and guidance designed to address some of the findings of the Asset Management Market Study (“AMMS“). This followed the FCA’s Consultation Paper 18/9, which sought views on changes intended to address concerns that fund objectives were not as clear or […]
Tag: Asset Management
Michael McKee was featured in Investment Week on 21 June commenting on the asset management industry’s key objectives from the UK government’s Brexit negotiations. The article can be read here.
It’s been a corporates’ market in leveraged debt for a few years now. Risk.net reports it is for swaps too. It is difficult to make money from vanilla flow trades, so swaps desks have turned to corporate swaps. These are priced by taking the market price and adding on margins for credit risk, funding and […]
On 5 April 2018 the FCA has published a Policy Statement (PS18/8) setting out final rules in response to its consultation to improve the quality, comparability and robustness of information available to investors. PS18/8 also includes final non-Handbook Guidance (FG18/3). The publication of PS18/8 follows the FCA’s final report on the Asset Management Market Study […]