Russell Napier, co-founder of independent research provider Electronic Research Interchange (ERIC), has urged the Financial Conduct Authority (FCA) to immediately crack down on so-called 'peppercorn pricing' of research, whereby the largest brokers have agreed negligibly low fees with the buy-side in order to retain their business in other service areas.
MiFID II, which came into force on 3 January, requires the cost of research to be unbundled from other services sold by brokers, in order to provide investors with a transparent breakdown of fees. The...
Headed up by Penny Kyle
Ex-Standard life manager Angela Burns
Latest news and analysis
Talking Strategies: The number of companies in Asia with higher payout ratios have grown since the mid-1990s, but some investors remain wary of searching for income in Asia and Japan. In this video, Jupiter's Jason Pidcock and Dan Carter explain why this...