Boutique firm Crux Asset Management is set to increase the fees across two of its funds, including the flagship £2bn European Special Situations fund, after the firm announced plans to continue charging clients research costs after MiFID II implementation.
Giles Kidd-May, marketing director at Crux, said it was a "continuation" of current practices to pass research costs onto clients but MiFID II rulings has resulted in an increase in the ongoing charges...
The US dollar is close to peaking and the risks now seem to be on the downside.
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