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Justin Cash, Editor of Money Marketing
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Performance fees will test active managers’ faith

Advisers, and clients, don’t mind paying more for active funds. Provided they perform, that is. Active evangelists will pitch it as a simple dichotomy: you pay us more because we make you more. But what happens when they don’t? What is the mechanism that actually holds managers accountable? They get paid regardless. The fundamental philosophy […]

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FCA staff express safety concerns over new Stratford office

An internal report has revealed FCA staff concerns over the regulator’s imminent move from Canary Wharf to Stratford, particularly over the safety of the new site. Over an eight-week period in May, FCA staff we consulted on the regulator’s office change. Money Marketing has obtained a copy of a report from a staff committee on […]

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