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Schroders CEO: ‘Genie is out of the bottle’ on investment research costs

The fund house won't be calling clients to push expenditure back on to them, its boss says

Peter Harrison says there is 'no way' Schroders can reverse its stance on investment research costs, having absorbed them for more than five years
Peter Harrison says there is 'no way' Schroders can reverse its stance on investment research costs, having absorbed them for more than five years

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The chief executive of Schroders says the fund house will not be passing investment research costs back on to clients after the UK's planned MiFID II overhaul.

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