Asset managers under fire as impact of transaction costs revealed post-MiFID II

clock • 3 min read

Fund groups have been criticised as newly disclosed transaction costs under MiFID II show the actual cost of ownership of some of the UK's most popular funds is as high as 85% above previously disclosed OCFs.

According to research from consultancy the lang cat, investors in the UK's most popular funds of 2016 are paying on average 30% more in additional fees than had previously been disclosed to them (o...

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