Investments

Fair play for investors - improving fund disclosure

Wednesday 12th of February 2014

Have you ever read a 75 page prospectus and at the end wondered what it was all about?  Offer documents have historically been long, complex and impenetrable.   Sometimes that has been the fund manager’s fault, more often it has been poorly conceived legal requirements. 

The FMA’s guidance note on good disclosure marks a turning point – we now have an over-riding prin...

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