Asset management insights

Navigating new 'Failure to Prevent Fraud' guidance

Fraud continues to be a significant challenge for businesses in the UK, resulting in billions of pounds lost annually to fraudulent activities.

FIG regime – expatriate tax considerations

From 6 April 2025, the Remittance Basis of taxation available to non-domiciled individuals will be replaced by the Foreign Income and Gains (FIG) regime. Given the high number of non-domiciled individuals employed in the Financial services sector, firms should be aware of the changes and seek advice if required.

TCFD disclosures: Best practices and benchmarking

Climate reporting has become increasingly important to the users of annual reports. The Financial Reporting Council’s (FRC) “Annual Review of Corporate Reporting for 2023/24” has, for the first time, underscored this by including Task Force on Climate-related Financial Disclosures (TCFD) and climate-related reporting in its ‘Top 10’ issues in its annual review [1].

A survivor’s guide to the changing market

In the past few weeks, the US president has kept financial markets and business leaders on their toes. With a surge of incoming information, analysts and investment managers know that systemic risks are rising, but how best can they navigate these changes?

Are UK businesses prepared for AI?

We’ve measured the AI preparedness of over 300 businesses in the UK. Find out the results.

How trade wars could impact portfolios & business

This past week was predictably eventful, and the upcoming week promises to be even more so. The US President continued his reshaping of both the American and global economy, imposing 25% tariffs on Mexico and Canada and an additional 10% on China beginning on 1 February, promising that Europe is next.

Quarterly Investment Outlook – Q1 2025

Looking ahead in 2025, there are obvious challenges to the global trade environment, whilst above-target inflation and the resulting elevated interest rates add further grit to the wheels of the global economy at a time when equity valuations are looking a little expensive. At the same time, acute recessionary and inflationary risks have diminished, meaning we remain essentially neutral in terms of...

Economic challenges facing the new US President

Donald Trump officially became President of the United States of America for the second time. In the last few days, we have heard a lot about the new President’s plans: a precipitous hike in tariffs, deregulation in the bank, tech, energy and pharma sectors, reducing corporate taxes, a “cultural revolution”, ending global strife, rewriting global borders, ending illegal immigration… and so much more.

UK FS regulatory affairs newsletter – Q4 2024

In the fourth quarter of 2024, our experts commented on a number of announced regulatory developments. Our quarterly financial services S regulatory newsletter is a comprehensive overview of topics relevant to firms that operate in the UK across all financial services sectors.

Top risks in 2025 in the financial services sector

We have identified the key risk areas for financial services business leaders in 2025. These risks have been prioritised based on their severity and the urgency of mitigation, informed by comprehensive market research, regulatory insights, and our assessment of the current challenges faced by these firms. We also highlight the changes in risk rankings compared to last year.

2025 - The Year of Resilience

In the economic outlook season, the key theme is policy uncertainty. Change will accelerate, some of it will be good and some of it will be a miss.

Impact on the Financial Services sector

In the government's first Budget, Chancellor Rachel Reeves announced several measures that will impact the UK's Financial Services sector, and we examine here the impact of the policies announced.

Increased NIC impact on Financial Services sector

Chancellor Rachel Reeves' Autumn Budget contained a sizeable increase in employers' national insurance contributions (NICs). This article examines how this will impact the Financial Services sector's tax cost and compliance requirements.

Risky growth and bank deregulation

In the past few days, markets have been cheering at the prospect of deregulation, especially in the banking sector. The US election has become a catalyst for many government officials, across both sides of the Atlantic, to come out and advocate for deregulation. While upping economic and financial risk, it could be the key to unlocking economic growth in the years to come.

There’s a difference between expensive and bubble

Quarterly Investment Outlook – Q4 2024

The global economy is entering a more synchronized part of the cycle, but economies diverge.

UK FS regulatory affairs newsletter – Q3 2024

In the third quarter of 2024, our experts commented on a number of announced regulatory developments. Our quarterly FS regulatory newsletter is a comprehensive overview of topics relevant to firms that operate in the UK across all Financial Services sectors.

Governance and outsourcing

The scope of outsourcing within the realm of Asset management is substantial and on an upward trajectory. Outsourcing is expanding significantly, with asset managers increasingly exploring outsourcing not only traditional functions but also a wide range of in-house operations.

Ukraine’s reconstruction: challenges & opportunity

On 24 February 2024, Ukraine and the rest of the world marked the second anniversary of Russia’s invasion. Despite extensive media coverage of the war and its geopolitical and socio-economic ramifications on Europe and the rest of the world, there is an opportunity for investors to explore the potential in Ukraine.

Establishing a technology talent strategy

As financial services organisations increasingly focus on digital transformation, having the right expertise and skillsets is critical. However, it’s not simply a question of human capital. It requires developing a talent strategy that recognises the profound impact technology will have across the organisation.

Ethical risks of AI in financial services

The role of artificial intelligence (AI) in financial services continues to exercise C-suite minds. Not least, how to balance AI’s benefits to enhance the customer experience and improve back-office operations with the ethical challenges that AI presents.

Emerging technology and sustainability reporting

The financial services sector is increasingly looking to technology to help tackle the rising levels of regulation they face.

Mapping digital transformation

Financial services organisations see digital transformation as a top priority. While the competitive landscape has been evolving following the arrival of digital-first challenger banks and fintech players, emerging technology and rising mobile service demands from tech-savvy consumers are now pushing traditional players to innovate, rethink business models and how to accelerate and scale their technology...

Financial services: confidence on the rise

Optimism in the financial services sector is riding high. So why is the financial services sector so confident and what needs to happen to ensure growth aspirations remain on track?

Prepare for the FCA and PRA’s proposed D&I regime?

Both the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) have highlighted Diversity and inclusion (D&I) as critical to their work on culture and governance. Benefits from D&I in the workplace include positive outcomes in risk management, good conduct, healthy working cultures and innovation.

Liquidity risk management of equity funds

Subsequent to a recent review across asset management firms, the Financial Conduct Authority (FCA) has observed varying degrees of liquidity risk management standards across firms and has issued a warning to Authorised Fund Managers (AFMs) to better risk-manage their liquidity to avoid investor harm.

Asset managers and ESG implementation

ESG-related regulatory requirements, and scrutiny, show no signs of abating.

Climate, nature and sustainability – Q4 2023

The Financial Conduct Authority (FCA) published in November 2023 its long-awaited policy statement on Sustainability Disclosure Requirements (SDR).