Janus Henderson co-chief executive Andrew Formica has stood by the asset manager's decision to charge clients for analyst research following Mifid II implementation, despite a number of peers opting to do otherwise.
Mr Formica said the asset manager would "be listening to what our clients need" on the issue, but added it did not intend to abandon its decision to charge end investors for research.
"There's a lot of talk about other companies...some competitors came out with the decision they will [not pass on costs to clients]," he told analysts when discussing the firm's half-year results this afternoon. "We continue to adopt our system. We don't intend to change the position we have."
Though a number of firms are yet to finalise their approach to Mifid II rules that will unbundle research costs from transaction payments, the likes of First State, M&G and Jupiter have said they will account for the charges on their own balance sheet, while Janus Henderson, Man Group and Amundi are among those to have plumped for the second option.
Those who intend to charge clients for research once Mifid II comes into force in January 2018 have already attracted criticism from some quarters. Chris Traulsen, Morningstar director of global fund research, wrote in Investment Adviser earlier this year that investors "should not stand for it".
Mr Formica suggested the firm would continue to gauge client sentiment on the subject.
"While we do not pay for research we will continue to evaluate the situation and be listening to what our clients need," he said.
His comments came as Janus Henderson announced net outflows of $1bn (£770m) in the second quarter of 2017, marking a reduced level of redemptions compared with the previous three months.