Good intentions behind Mifid II set to backfire
The EU directive could destroy the research landscape, argues Nick Burchett
Research
-
-
Fidelity makes U-turn on research costs
Fidelity International has reversed its stance on research costs and is joining many asset managers in absorbing the fees of external research, instead of passing it on to clients.
-
Axa IM restructures research around five themes
Axa Investment Managers (IM) Framlington Equities has restructured its internal research capabilities to integrate five main thematics it believes will impact future returns.
-
Liontrust braces for £1.5m Mifid hit
Liontrust has warned investors to expect up to a £1.5m hit to revenues from its decision to absorb research costs under incoming Mifid II regulation.
-
European fund groups to absorb Mifid research costs
More than half (53%) of European investment professionals expect firms to absorb the cost of research under Mifid II regulations, according to a survey by the CFA Institute.
-
FCA drops Mifid II bombshell on brokers
Mifid II rules on payment for research could extend to sales and trading roles, the Financial Conduct Authority (FCA) has warned.
-
SEC clears path to US research post-Mifid
The Securities and Exchange Commission (SEC) has announced that UK investment firms will be able to temporarily access research from the US post-Mifid II.
-
Rathbones expands research team with double hire
Rathbones has appointed Richard Briggs and Stuart Chilvers as analysts in its equity and fixed income teams, respectively.
-
T. Rowe Price to cover research costs under Mifid II
T. Rowe Price has joined a growing number of fund managers that have pledged not to pass on research costs to clients.
-
Rathbones bears research costs at expense of unit trust margins
To comply with new Mifid II regulations, Rathbones Unit Trust Management has decided to bear the costs of its fund research but admitted unit trust margins “will not be unaffected.”
-
Asset managers doubt future of ethical investing as costs rise
A new global survey of asset managers has revealed more than a quarter believe the cost of ethical investing will soar in the coming years.
-
Credit Suisse ‘yearbook’ forecasts rate rise impact on wealth
Credit Suisse has released a report which forecasts real equity returns will be limited to 4-6% over the next ten years and real bond returns will be close to zero.