Research house Fundscape has said regulators have caused "organisational chaos" by providing fund managers with two entirely different transaction cost calculation methodologies with the introduction of MiFID II and PRIIPs.
Fundscape said the confusion has been caused by two conflicting instructions given to authorised corporate directors (ACDs) and compliance teams regarding the calculation of implicit costs, rather than...
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Taking up non-exec role
Following 2016 thematic review
December 2018 or early 2019
Eight-week high against US dollar