A new product information framework for Consumer Composite Investments CP24/30 – A summary
The FCA’s Consultation Paper 24/30 (CP24/30) proposes a new product information framework for Consumer Composite Investments (CCIs) in the UK. They feel that this initiative represents a significant step towards improving the way consumers access and understand information about complex investment products. By prioritising clarity, conciseness, and flexibility, the FCA aims to create a more […]
What role does AI have investment management?
Many argue that AI will revolutionise the investment management industry by enhancing various aspects of the process: Enhanced Data Analysis and Insights: Processing vast datasets: AI can analyse massive amounts of structured and unstructured data from diverse sources, including financial news, social media, and economic indicators. Identifying patterns and trends: AI algorithms can […]
What are the key challenges facing discretionary fund managers in the UK?
What are the key challenges facing discretionary fund managers in the UK? We’re working with a number of DFMs and would be happy to talk to others. We’re finding that the following are key challenges: Macroeconomic uncertainty: The ongoing geopolitical tensions, supply chain disruptions, and confusion over the direction of inflation rates have created a […]
ICARA – tips for getting it right
The purpose of the Internal Capital And Risk Assessment (ICARA) is for firms to identify in a joined-up and consistent way their position in terms of own funds, liquid assets, wind-down planning, and stress testing. The key is identifying and understanding the risks facing a business and the harms it could cause by its operations […]