Ros is quoted in ThisIsMoney calling for urgent action to address the crisis in the investment company sector, partly caused by regulatory overkill. (link to pdf)
Ros is quoted in Investment Week reports that more of the industry is urgently backing Ros’ Private Members Bill to ensure cost disclosure regulations for investment trusts is urgently reformed.
Portfolio Adviser writes about Investment Trust cost disclosures being featured in a letter to the Times, signed by Ros, Baroness Bowles, Lord Davies of Brixton and John Baron plus 114 industry leaders who call on the FCA to urgently change its interpretation of the EU rules forcing misleading charge figures to be shown to investors. ( link to pdf )
The Mail on Sunday quotes Ros talking about the madness of EU rules being applied to disadvantage only UK investment companies – no other country is misleading investors like this with exaggerated charges figures that have undermined UK markets. ( link to pdf )
Ros is quoted in ThisIsMoney warning about the penalty being imposed on UK investment trusts as a result of EU rules being applied in a flawed way that uniquely damages only the UK sector.
Ros was interviewed by Richard Stone of the AIC, calling for urgent action to end the misleading charge disclosure regime that is uniquely damaging UK investment trusts for no reason.
Ros was quoted by Citywire as losing patience with the delays in dealing with misleading investment company disclosures, while FCA denies it is dithering or delaying at all. They claim they need legislation, but FCA could just change its interpretation without new laws, to bring UK into line with all other countries.
Ros was quoted in FT FinancialAdviser calling for a quick resolution to the UK investment trust crisis, so that UK markets are no longer devalued by flawed regulations that drive investors away. ( link to pdf )
Ros is quoted in Financial Times FT Adviser, calling for emergency measures to end the flawed charges disclosure regime imposed by Regulators on UK listed investment companies. ( link to pdf )
My reaction on my blog to the Pension Regulator’s guidance, out today, encouraging pension funds to put more into unlisted investments – I think this misses great opportunities in listed small companies and also investment trusts which can offer great long-term returns too, with less risk.