Looking at the MiFID II-inspired 10% drop calculations platforms will now provide on behalf of discretionary managers, Ray Tubman is reminded of his mother's constant warning: 'Beware of strangers bearing gifts'
So the ‘10% drop' calculation required by the MiFID II legislation sounds easy enough, eh? Just get the balance at the start of period, the balance at the current point, account for your cashflows in and...
All-day event on 24 April
Consequences could be more severe than in stress tests
AFH has six segregated mandate funds
Variable operating expenses