Hargreaves urges fund groups to absorb research costs post-MiFID II
Asset managers firming up plans
Hargreaves Lansdown has written to investment managers on its platform encouraging them to shoulder research costs "in the interests of our mutual clients".
In the letter, Lee Gardhouse, chief investment officer at Hargreaves, said the platform giant notes the increasing number of providers who have decided to meet the cost of research from their own P&L,...
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