Assessments of Value for UK authorised investment funds – what's new?
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It is perhaps a good time to review interesting trends or themes emerging now UK authorised fund managers are in the second year of generating Assessment of Value Reports – and to review the new comments from the FCA on where fund managers are, in their view, falling short. Also it is perhaps important for this Assessment of Value exercise now to be viewed in a wider context as part of how Management Companies should conduct their activities in the best interests of investors.