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Fund managers must be allowed to reward talent

Investment fees and salaries are not the problem, industry must focus on reducing distribution costs, argue CIOs

The CIOs gather at an FN event, hosted by columnist David Wighton (far right), on January 26
The CIOs gather at an FN event, hosted by columnist David Wighton (far right), on January 26 Photo: Photography - Micha Theiner

The UK asset management industry must be free to reward its best active managers with competitive salary levels if it is ensure investors get the best value for money.

That was one of the key messages from leading chief investment officers at an FN debate last month on the Outlook for Asset Management in 2017.

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