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  • Fidelity switches to performance-based fee model

    Fidelity switches to performance-based fee model

    Fidelity International is the first major asset manager to make a switch to a “value for money” charging structure. The asset manager will give money back to clients when its funds underperform.

  • Fidelity passes on external research costs to clients

    Fidelity passes on external research costs to clients

    Fidelity International has decided it will pass on costs for external research under Mifid II to clients.

  • Asset managers make U-turn on Mifid II research costs

    Asset managers make U-turn on Mifid II research costs

    The British asset manager Schroders and its German peer Union Investment announced on Friday they would absorb all external research costs under Mifid II. Both companies had previously said they would pass some of these costs on to clients.

  • Hawkish Fed to taper from next month

    Hawkish Fed to taper from next month

    The US Federal Reserve announced it will begin to unwind its quantitative easing programme in October, and said another rate hike this year is likely despite persistently low inflation.

  • EU single market to be ‘fragmented’ by MiFID II, says KPMG

    EU single market to be ‘fragmented’ by MiFID II, says KPMG

    Stark differences in regulatory interpretation among the 28 members of the European Union means that Mifid II could end up defying its purpose and result in a “fragmented” single market.

  • Mifid II research unbundling consensus grows, again

    Mifid II research unbundling consensus grows, again

    Deutsche Asset Management and Franklin Templeton are the latest firms to reveal they will take on the cost of research once Mifid II comes into force next year.

  • Expert Investor

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  • Which asset classes have seen the biggest inflows?

    One-stop shop funds that take away responsibility for asset allocation have continued to be the blockbuster sellers with European investors. But which other asset classes have actually seen the strongest inflows over the past three years? The answer may surprise you.

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  • Vanguard marches on, GSAM bleeds

    Investors have continued to funnel astronomic amounts into passive funds across the globe this year, with Vanguard leading the way. Meanwhile, Goldman Sachs AM (GSAM) has been suffering its worst streak of outflows on record.