Kempen Capital Management has decided to cover external investment research costs itself from 2018 under the new European Union (EU) legislation package of measures for financial markets under MiFID II.
The move comes as the requirements of MiFID II state specific costs incurred for external investment research must be transparent and recognisable as such. Separate pricing for external investment research,...
We must follow this meeting of the central bankers closely, argues Fabrizio Quirighetti, CIO and co-head of multi-asset at SYZ Asset Management.
Spent seven years at Aviva Investors
Second profit warning since June
Moved to Switzerland in 2010
Joins Vanguard, JPMAM, Hermes in shouldering costs