Articles - Conflicts of interest between asset managers and customers


 The FSA has published a report on the importance of managing conflicts of interest in asset management.

 Why do conflicts of interest matter in asset management?

 Asset managers act as agents for their customers, making ivnestment decisions in financial markets on their behalf. Confidence in the integrity of asset managers when acting on behalf of customers is central to the relationship of trsut between the industry and its customers. This means that when making investment decisions, or buying products and services for customers, asset managers must always act in customers' best interests and put customers' interests ahead of their own. Similarly, asset managers must treat all their customers fairly.

 Acting as an agent for customers may create conflicts between the interest of a firm and its customers or between the interests os different customers. Policies to properly manage conflicts of interest mean customers avoic unnecessary costs and have fair access to all suitable investment opportunities. Properly managing conflicts improves the returns earned by customers and enhances general confidence in the UK asset management industry.

 To view the full publication 'Conflicts of interest between asset managers and their customers: Identifying and mitigating the risks' please click here

Back to Index


Similar News to this Story

Pension scheme cyber attacks are you prepared
In the ever-evolving world of cyber risks, governing bodies, trustees and pension boards must understand their responsibilities and know how to effect
Final Day for nominations for the 2025 Actuarial Post Awards
We would like to announce, that after yet another record number of nominations for the Actuarial Post Awards that today is the final day for nominatio
The global mining insurance market is softening, fast
Excavating value in a soft market. Rates are down, coverage is broadening, and capacity is strong. But risk leaders must stay sharp. The property dama

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.