Unigestion joins peers as it stops charging clients for research

Ahead of MiFID II implementation

Swiss fund house Unigestion will absorb research costs instead of passing them onto clients ahead of the changes which will take place under MiFID II at the start of next year.

The firm said this decision will not result in any change in management fees and will ensure costs and charges remain transparent. Fiona Frick, CEO of Unigestion, said: "Our clients are at the heart of everything we do and the reasons behind our decision to pay for all research ourselves go beyond regulation. MiFID II research unbundling to increase M&A pressure on small/mid UK managers "It is quite simply the right thing to do to ensure that we continue to give our clients the clearest picture of how and why they are being charged for our products, alongside safeguarding them from...