The Financial Conduct Authority (FCA) has issued a letter to authorised firms that manage alternative investments, either directly or through hedge funds and or private equity funds.
In the 'Dear CEO' letter the FCA said: “The asset management sector plays a critical role in the UK economy and in overseeing the savings and investments of millions of individuals and institutions across the UK and beyond.”
Alternative asset managers are “an important and vibrant subset” within the sec...
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