Fidelity International has joined the majority of its asset manager peers in deciding to absorb external research costs, instead of passing them onto clients, reversing plans it made last year.
This will apply across all of its products, retail, wholesale and institutional investors and geographical location. The firm said the reason for the change was because it did not want its clients to...
The US dollar is close to peaking and the risks now seem to be on the downside.
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