Increase profit margins by using the new payment optionality runes

The FCA’s new rules on how AIFMS can use research payments is useful for AIFMs, as well as interesting. It appears to be a move away from the restrictions brought in by MiFID II and towards the UK’s ethos of principle and outcome based regulation. The principle here is fair communication and disclosure by AIFMs to investors, and the commensurate responsibility of investors to understand risk and make the enquiries they deem appropriate.