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...
The US dollar is close to peaking and the risks now seem to be on the downside.
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