T. Rowe Price to absorb research costs post-MiFID II

Joins Vanguard, JPMAM, Hermes in shouldering costs

Mike Sheen
T. Rowe Price will leverage its own research capabilities to keep costs down

T. Rowe Price will leverage its own research capabilities to keep costs down

T. Rowe Price has become the latest asset manager to confirm it will pay for research via its own capital, rather than charging clients separately, when MiFID II comes into force in January 2018.

MiFID II requires the costs of research to be clearly identifiable when charged to a client, but T. Rowe Price will bypass client charges entirely when acquiring external research. Vanguard latest firm...

To continue reading this article...

Join Investment week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space

  • Get ahead of regulatory and technological changes affecting fund management

  • Important and breaking news stories selected by the editors delivered straight to your inbox each day

  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts

  • Be the first to hear about our extensive events schedule and awards programmes

Join now


Already an Investment Week


More on Asset Managers

The Financial Conduct Authority's headquarters

FCA says Investment Firm Prudential Regime will require individual disclosure

Comes into effect 1 January 2022

clock 26 November 2021 • 1 min read
European Commission publishes recommendations for updated AIFMD and ELTIF regulation

European Commission seeks greater retail participation in update to ELTIF regulation

AIFMD proposals would alter UCITS directive

clock 25 November 2021 • 3 min read
Richard Potter of Quilter Investors

While skin in the game is important, we need beefed-up independent oversight

More emphasis needed on best practice

Richard Potter
clock 25 November 2021 • 4 min read