Below is a the list of who’s planning on doing what with the research fees. More and more appear to be taking to P&L with the RPA route becoming increasing unpopular with many and some firms switching to P&L having originally committed to the RPA approach. This is not a surprise given the knock on ramifications of taking the RPA approach.
…However a decreasing number of firms have yet to decide or have declined to disclose their approach at this time.
| Take to P&L | RPA | Undecided | ||
| Allianz Global Investors | Amundi | Ashmore | ||
| Aviva Investors | BNP Parisbas | BNY Mellon | ||
| Axa Investment Management | Carmignac | Candriam | ||
| Baille Gifford | Deka | Fidelity Interational | ||
| Barlings | Man Group | GAM | ||
| Blackrock | Legal & General Investment Management | |||
| Brewin Dolphin | Lyxor | |||
| Charles Stanley | Natixis Global Asset Management | |||
| Deutche Asset Management | Nordea | |||
| Evenlode | Old Mutual Global Investors | |||
| Equitile | Pictet | |||
| Flossbach von Storch | ||||
| Franklin Templeton | ||||
| Hernes | ||||
| Insight Investment | ||||
| Invesco | ||||
| Janus Henderson | ||||
| JO Hambro | ||||
| JP Morgan Asset Management | ||||
| Jupiter | ||||
| Kempen Capital Management | ||||
| M&G Investment | ||||
| MN Investments Partners | ||||
| Northern Trust Asset Management | ||||
| Pimco | ||||
| Rathbones | ||||
| Robeco | ||||
| Royal London | ||||
| Russell Investment | ||||
| Schroders | ||||
| Seven Investment | ||||
| Standard Life Aberdeen | ||||
| Stwewart Investors | ||||
| T Rowe Price | ||||
| Troy Asset Management | ||||
| Twenty Four Asset Management | ||||
| Unigestion | ||||
| Union Investmenet | ||||
| Vanguard | ||||
| Woodford Investmenet Management | ||||
| Data at of 19th September 2017 | ||||
| Source – FT research |
