UK. Asset managers step up on cost transparency
Data collection and analysis platform ClearGlass has added six asset managers to its list of firms that have provided ‘exceptional’ cost transparency to their clients.
ClearGlass provides investment cost reports to pension schemes by collecting and analysing data from asset managers, according to the standardised templates prescribed by the Financial Conduct Authority’s Institutional Disclosure Working Group (IDWG).
The platform was set up by Chris Sier, the former chairman of the IDWG and a professor at Newcastle University Business School.
Of those that have provided data, ClearGlass has highlighted the companies which have stood.
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