Investment funds in UK failing to value themselves properly, says watchdog
Asset managers in Britain are not properly assessing the value of their funds and regulatory action may be needed, the…
Asset managers in Britain are not properly assessing the value of their funds and regulatory action may be needed, the Financial Conduct Authority said on Tuesday.
A review of 18 fund managers between July 2020 and May 2021 found most had not implemented FCA standards on assessments of value, the watchdog said in a statement.
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