UPDATE: CMA proposes mandatory tenders for FM mandates but spares investment consultant market from widespread change

Investment consultants have been spared a major shake-up in their operations and business models after an investigation by the competition watchdog proposed just a handful of remedies.
In its 330-page provisional decision, published today (18 July), the Competition and Markets Authority (CMA) said, while a number of firms were available to choose from, its investigation had found some...
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