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FCA concerned about conflicts of interest at firms managing private assets

Montage of the FCA sign
GRIP Montage: FCA

Dear CEO letter to asset managers also highlights market integrity and consumer outcomes as key supervisory priorities.

Asset management firms, including those managing alternatives, are considered a “priority growth sector” and are being apprised of the work the regulator is planning to undertake.

The letter highlights the volatile state of the financial markets more broadly as a key challenge for firms in this sector. And it suggests