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Her Majesty's Soft Dollars: Guest writer Wayne Wagner challenges a controversial proposal on fund m

Traders Magazine, January 2002

Wayne Wagner

Investment managers - and not, as is customary, the clients of institutional investors - should eat the research costs generated by transactions in managed accounts. It is a brave new world, but that is the conclusion of a controversial report on the U.K. pension industry, inked by a former chief executive of Gartmore Investment Advisers.

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