FCA Is `Closely Watching' Woodford's Fund Plans, Bailey Says

The video discusses the challenges faced by fund managers in the UK, particularly focusing on the suspension of funds to maintain market integrity. It explains the necessity of such actions to prevent disorderly investor exits and highlights the role of the FCA in overseeing these processes. The discussion extends to the broader industry, emphasizing the investment in illiquid assets by the non-bank sector and the potential issues that arise from it. The video concludes by comparing current fund management challenges to past banking issues.

How does the FCA oversee funds and what is its role in maintaining market integrity?

What are the implications of freezing funds for investors?

What does the situation with illiquid assets tell us about the non-bank world?

In what ways can a fund manage the issues arising from liquid assets?

What are the potential risks associated with funds that are too big to fail?