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...
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