Tom DunnFrom: McMeel and Virgo On Financial Advice and Financial Products (3rd Edition)
Edited By: Gerard McMeel, John Virgo
Regulated funds continue to attract retail investors due to the diverse investment opportunities and economies of scale they offer. Developments in the structuring of funds, their distribution, and wholesale changes to the regulatory environment mean that the fund industry in the UK continues to change at a rapid pace. This chapter examines the law governing collective investment schemes and their operators in the UK, focusing on funds marketed to the retail public.