The regulator is set to scrutinise the charges being imposed by fund managers on funds as part of a market study on asset management.
The FCA set out its plans today to launch a review of the asset management industry in 2015/2016.
The regulator said it had not yet concluded what the “full scope” of the review would yet entail but emphasised that it would “include the charges paid by investors, and the factors that drive those charges”.
It added the full scope of the review would “be set out in a terms of reference document that will be published when the study is formally launched”.
It is undersood that any study of the asset management industry would likely only take place after the conclusion of the current FCA market study into wholesale banking.
The regulator said it would also “review whether new UK authorised investment funds and segregated mandates are operated in line with our rules”.
It said the adherence to “risk management parameters” from funds would be under particular scrutiny.
