To the institutional investment industry in Britain and beyond, Chris Sier is known as an expert on cost transparency in asset management.
He chaired the Institutional Disclosure Working Group (IDWG), a group of asset management industry stakeholders convened by the Financial Conduct Authority (FCA), which in 2018 produced standard templates for reporting asset management fees and costs. The templates could be a starting point of a transformation that will see investors get increased transparency, and in turn savings, on the costs of asset management services.
Sier is also one of the UK’s fintech envoys, appointed by the government to promote investment in the fintech sector. The UK government launched its fintech strategy in 2018 and appointed several envoys with responsibility for different areas. Sier is responsible for the ‘Northern Powerhouse’. This area consists of the core cities of northern England including Leeds, Liverpool and Manchester.
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