The Trader 

Market Outlook: FCA considers segregating retail funds

The Trader

Today City AM reports that the chief executive of the Financial Conduct Authority and Bank of England hopeful Andrew Bailey gave an interview to the Times of London. In it he suggested that the mixing of institutional and retail funds is ‘’is [not] necessarily a good idea’’ and that this will have to be reviewed ‘’when the dust settles’’. Meanwhile the Financial Times estimates that in the financial year to March 2019 Mr Woodford and his business partner Craig Newman took home dividends worth approximately £20 million.

To continue reading, register today

to enjoy limited access to the following:

  • Daily trading news
  • Funds coverage
  • Features on big investment themes
  • Comprehensive companies coverage
  • Economic analysis
Register
Subscribe to Investors Chronicle

Related topics

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now