No-nonsense words for fund managers

No-nonsense words for fund managers
Under the FMA plan, all licensed investment managers will have to formally justify their fees at least yearly. (Image: Getty)
David Chaplin
Feedback is valuable.The Financial Markets Authority (FMA) certainly puts great store in dialogue, sprinkling kudos on the local funds' management industry for its whole-hearted engagement in a recent pilot ‘value-for-money’ experiment.In the test flight launched earlier this year, a group of 14 licensed managed investment schemes (MIS) and a small contingent of supervisors – there are only three that matter – trialled practical applications of the new FMA fund value-for-money guidelines first published in 2021.Under...

More Opinion

The pros and cons of Sky’s big deal
Markets

Eden Bradfield: The pros and cons of Sky’s big deal

You'd best hope streaming and advertising revenue make up for the $1 purchase.

Is Karl Gradon’s Comvita gig worth the sting?
Markets

Stock & Trade: Is Karl Gradon’s Comvita gig worth the sting?

What do The Warehouse and Comvita have in common? 

Stock & Trade 25 Jul 2025
Spotlight on conduct outside the workplace
Law & Regulation

Bronwyn Heenan: Spotlight on conduct outside the workplace

I was impressed with the way Astronomer dealt with the Coldplay kiss cam issue.

Bronwyn Heenan 25 Jul 2025