fund managers

Join Thomas Murray in our inaugural event "Post-Trade Roundtable on Regulation in 2016: What does this mean for Funds?"

The event provides Funds from around the UK an opportunity to come together and share their approaches to monitoring their post-trade exposures in a changing regulatory environment.

Date: 01 March 2016

The Shanghai-Hong Kong Stock Connect initiative enabling international investors to trade in onshore Chinese equities is likely to see a surge in fund manager interest once regulators fix some of the issues surrounding securities ownership and trade settlements, according to HSBC Securities Services.

Fund managers need to up the ante on their Know Your Client (KYC) procedures and due diligence on prospective clients from Russia amid concerns there is limited awareness about the scope of the sanctions.

Almost three quarters of UK investment firms have taken little or no action to revise the way in which they purchase research using dealing commissions despite the recent clampdown by the Financial Conduct Authority (FCA) on these practices.

Only 21 per-cent of asset managers told the survey by Cordium, the regulatory compliance consultancy, that they had made substantial changes to their policies on purchasing research. The FCA has upped the ante on fund managers offsetting research costs to their investors.