Video: Alan Miller’s 6 key takeaways from the FCA Report
Posted by Robin Powell on May 19, 2017
Six months have now passed since the Financial Conduct Authority issued its interim report on competition in UK asset management.
So much has happened since then — the closure of big hedge funds, the extraordinary success of Vanguard and ever more dire statistics on active fund performance — that it’s easy to forget what an extraordinary report it was.
I’ve been talking to fund manager Alan Miller, who, like me, has campaigned for several years for greater transparency in the investing industry.
In this six-minute interview, Alan evaluates the importance of the FCA report — picks out what he considers to be its most important findings.