FCA Report: Active Funds Are Still 'Playing Catch Up' With ETFs, Claim Industry Experts

-The latest report from the U.K. regulator on investment management shows how active funds are “playing catch up” with ETFs in terms of low fees and transparency.

-The FCA’s Asset Management Market Study, has been welcomed by ETF issuers, lawyers and investors, who say scrutiny of the active world has shown the “strengths” of exchange-traded vehicles.

-Nizam Hamid, head of ETF sales and strategy at WisdomTree Europe, said the FCA report on the £7 trillion active U.K. market would have a “generally positive” impact.