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Allfunds Bank, Europe´s largest open architecture fund platform, launches ‘Share Class’, a search tool for stock classes of funds available in the market. Through this tool, Allfunds makes available to its customers all the information necessary to adapt to the regulatory requirements brought by the new MiFID II environment. The search can be done using three main criteria: type of client, type of service and cost.
International managers have been expanding in the last decade the number of share classes available for their funds, in many cases, exceeding ten variants for the same product. This diversity causes a problem for distributors who have to choose the most suitable share class for their client based on the underlying investment service offered. A challenge that...
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