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.
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.
Mifid II rules on payment for research could extend to sales and trading roles, the Financial Conduct Authority (FCA) has warned.
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 has appointed Richard Briggs and Stuart Chilvers as analysts in its equity and fixed income teams, respectively.
T. Rowe Price has joined a growing number of fund managers that have pledged not to pass on research costs to clients.
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.”
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 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.
A quarter of advisers say they do not plan to allocate any investments to China over the next six months, according to research from Cofunds.
Asset management firms should expect an environment of low growth for earnings and pay for the foreseeable future, according to research by Numis.
A study by NN Investment Partners shows that nearly half of investors are worried about bonds not offering as much capital protection as previously.
Ashcourt Rowan has expanded its product research team with the recruitment of a new head of funds.