The Five Worst Parts of the FCA’s Brutal Asset Management Report
The U.K.’s £6.9 trillion asset management industry is a market failure, according to findings from the country’s market regulator.
Matt Craig
November 28, 2016
Visitors walk up a staircase as a logo sits on a sign in the reception area of the Financial Conduct Authority (FCA) in the Canary Wharf business district in London, U.K., on Thursday. Nov. 21, 2013. The FCA is working with regulators including the U.S. Department of Justice and the Commodity Futures Trading Commission to investigate the potential manipulation of the foreign-exchange market. Photographer: Chris Ratcliffe/Bloomberg
Chris Ratcliffe/Bloomberg
