Swiss asset manager RAM Active Investments (RAM AI) has been the latest to join the list of companies that will absorb external research costs when Mifid II comes into effect on 3 January 2018.
RAM’s CEO and senior equity fund manager Thomas de Saint-Seine, said: “At RAM AI, we have always supported all research costs for our systematic fundamental funds as they purely rely on in-house R&D. Regarding our tactical fixed income funds, we will absorb external research costs under Mifid II in order to maintain the current level of fee, quality and value to all our investors. This effort is made aiming at further increase our transparent relationship with our investors.”
RAM AI also announced it is working in the development of an internal model in order to meet the requirements of the General Data Protection Regulation (GDPR), to be implemented in May 2018.
