Asset Management

Fund managers ‘should pay £500’ for corporate access

Regulations such as Mifid II, which comes into force in January, are shining a spotlight on the costs of corporate access

Fund managers ‘should pay £500’ for corporate access
Photo: iStockphoto

As investment banks and fund managers haggle over the costs of arranging meetings with top company bosses, one company thinks it has found a good benchmark rate: about £500.

The figure is significant as it comes from a database of around 10,000 corporate meetings arranged between hundreds of companies and shareholders over the past five years, which is run by the investor-relations provider Ingage.

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