Fidelity International to pass on research costs to investors
Dec 06, 2017
Fund group does not want to differentiate between those covered by Mifid II and those that are not
Fidelity International is to pass on research costs of more than $42 mn a year to investors.
The fund house has unveiled details of a variable management fee linking fees to performance and reveals that research costs amount to 0.0228 percent of the $185 bn in