Aberdeen Standard Life to cover MiFID II research costs from 3 January 2018 Aberdeen Standard Life to cover MiFID II research costs

Aberdeen Standard Investments has said that, from 3rd January 2018,  it will absorb all research costs relating to MiFID II, to coincide with the introduction of the new legislation, which comes into effect on that date.

Aberdeen Standard Life to cover MiFID II research costs

Aberdeen Standard Investments has said that, from 3rd January 2018,  it will absorb all research costs relating to MiFID II, to coincide with the introduction of the new legislation, which comes into effect on that date.

Aberdeen is following in the foot steps of a number of asset houses by absorbing this cost.  It said its decision also follows a comprehensive review “that extends the approach taken by Aberdeen Asset Management earlier this year to the newly combined entity.”

Aberdeen added that this move demonstrates one of the immediate scale benefits from the merger by applying the highest standards towards research, for the benefit of all our clients across the globe.

Aberdeen Standard Investments is a global company, with active investment management across Equities, Fixed Income, Real Estate and Multi-asset solutions. It said external research is an important and valuable input to its in-house research capabilities, and it remains committed to its portfolio management teams’ ability to maximise active research insights across regions and asset classes for the benefit of all clients.

Aberdeen Standard Investments said it “looks forward to contributing to the dialogue among our peers, clients, research providers and regulators to facilitate greater transparency in this area.”

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