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Firms holding back on research cost overhaul – Ignites Europe

Europe’s largest asset managers are holding back on making changes to the way they charge investors for research, claiming they need further clarity on how to implement new European Union rules. […] According to Fitz Partners, the potential extra fee fluctuates between four and 15 basis point, and will be added to the firm’s fixed management fees with a direct effect on its ongoing charges figure.

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