The Financial Conduct Authority has announced it will deliver its final report on the UK's asset management sector on Wednesday, June 28, despite mounting speculation that the watchdog’s eagerly-awaited study would be delayed.

The UK regulator, which in November unveiled a damning 200-page interim report on the country’s £7tn asset management sector, will be holding a one-hour press conference with FCA chief executive Andrew Bailey at 8:00am that day.