Financial Conduct Authority  

FCA open to making fee regime for investment trusts 'flexible'

Talent 

Rathi discussed meeting a number of global asset managers in the US who described the UK as having a ‘ton of talent’.

“This huge competitive advantage needs nurturing. Investment houses need to keep investing in capacity and skills to understand private companies in ever greater depth.    

Article continues after advert

“And, as you do, think about all the untapped talent in your industry. We are the second largest international investment management hub. But only an estimated 12 per cent of fund managers are women - a statistic that has barely moved in recent years. 

“So, I hope we can focus together on harnessing even more of the talent that will sharpen your sector’s competitive edge,” he said. 

alina.khan@ft.com