Fidelity passes on external research costs to clients
Fidelity International has decided it will pass on costs for external research under Mifid II to clients.
MiFID II
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Staff still in the dark over looming Mifid rules
A fifth of business leaders have admitted their employees are not even aware of the sweeping changes that will come into force under Mifid II, a survey has revealed.
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Investment managers optimistic ahead of Mifid II
After a drop off in sentiment in the previous three months, asset and wealth managers in the UK are more optimistic about their overall business situation, according to the latest CBI/PwC Financial Services Survey.
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Mifid II: it’s not all costs, quality counts too
The Mifid II directive continues to dominate headlines, ahead of the all-important January deadline.
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PA ANALYSIS: EU single market to be ‘fragmented’ by Mifid II
Julie Patterson, head of investment management regulatory change at KPMG, believes this is a big risk because each of the EU’s 28 member states is likely to implement its own slightly different version of the revised Markets in Financial Instruments Directive, or Mifid II. “The European single market as a whole will be more fragmented as…
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Boutique joins list pledging to absorb Mifid costs
SVM Asset Management has announced it will take on the cost of external research under Mifid II rules next year.
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Asset managers U-turn on Mifid II research costs
Schroders Investment Management, Union Investments, Mifid Ii, Mifid 2, Financial Regulation, Blackrock
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Researchers to lose $1.5bn in critical post-Mifid era
A halving of the cash spent on research by investment managers could see banks lose $1.5bn in revenue once Mifid II rules come into force next year.
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Mifid II research unbundling consensus grows, again
Deutsche Asset Management and Franklin Templeton are the latest firms to reveal they will take on the cost of research once Mifid II comes into force next year.
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Quarter of firms not ready for Mifid II
More than a quarter of businesses are struggling to prepare for Mifid II ahead of the January 2018 deadline, a new survey from communications firm Teleware has found.
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Mattioli hungry for more M&A as revenue hits £50m
Mattioli Woods’ total revenue broke through the £50m mark in 2017, as the specialist wealth manager confirmed that M&A remains a “core part of its growth strategy.”
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JOHCM’s external research to cost £5m per annum
J O Hambro Capital Management (JOHCM) has joined the roster of investment managers who will pay for external research costs through their own profit & loss account, a move which will cost it an additional £5m per year.
