UK fund managers unwilling to pay for corporate meetings post-Mifid, finds survey
Nov 28, 2017
Confusion also reigns across market as to how the rule will operate
UK fund managers are unwilling to pay brokers to set up corporate meetings when Mifid II rules come into force next year, according to a survey from London-based Capital Access Group (CAG).
From January, Mifid II will prevent fund managers receiving any free extra