Brokers, fund managers reviewing their research bills before new EU rules kick in

London

BROKERS operating in the European Union have only a few months to comply with new rules requiring them to set a separate price for the investment research they have been bundling with the trading services they sell to fund managers.

Talks about a pricing have dragged on, with fund managers taking time to figure how much they are willing to spend and brokers worried about losing revenues and big clients.