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EFG takes stance on MiFID II research costs

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EFG International has decided to absorb MiFID II research costs, Citywire Switzerland can reveal. Starting from 3 January 2018, the firm will absorb the cost of third-party investment research and will not be passing it on to clients. EFG Asset Management’s investment process relies on the firm’s in-house research capabilities,…

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Click here to read the full story: Citywire

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