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What Does "Fair, Clear and Not-Misleading" Mean in the Context of Fund Strategies?

It has been the case for many years that promotional materials in the EU must be “fair, clear, and not mis-leading”. However, how should managers interpret this high-level requirement when describing their approach to ESG...more

Key Takeaways from the UK Financial Conduct Authority's Review into the Asset Management Market

On 28 June 2017, the UK Financial Conduct Authority ("FCA") published its final report in relation to its review of the UK asset management market. The report sets out a package of reform proposals designed to address certain...more

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