The recently amended Fund Manager Code of Conduct (FMCC) has had varying degrees of impact on independent asset managers (IAMs), with discretionary account managers bearing less of a burden than previously anticipated, according to industry stakeholders. In order to align the region’s asset management industry with international standards and improve point-of-sale transparency to mitigate conflicts of interest in the sale of…
Amended FMCC has limited impact on discretionary account managers
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