Date: 21 September 2017
Time: 10:00 am ET / 3:00 pm London / 4:00 pm CET
While the US market continues to allow soft-dollar arrangements between broker-dealers and their asset management clients to pay for investment research, among other services, European MiFID II regulation has stricter rules about the practice. The EU directive, taking effect in 2018, requires investment research to be paid for by fund managers, albeit recoverable by raising fees, or from a client account designated for research costs. This means that managers can no longer bundle together research charges with other charges or apply commission sharing arrangements to cover research charges.
Join the webinar to find out about: