Mifid II
Fund giants mull passing on investment research costs to UK investors
Almost a quarter of those surveyed by Substantive Research said they want to take advantage of new rules introduced by the Financial Conduct Authority
Reversing MiFID II research costs ‘would be extremely painful’, says JPMorgan’s Emea funds boss
Patrick Thomson says it is ‘unlikely’ the $3.4tn US asset manager will reverse its current stance and pass on investment research fees to its clients
3 min read
Barclays, Bank of America, JPMorgan analysts top ‘City Oscars’
UBS has also jumped up the Extel rankings after its research headcount swelled through the Credit Suisse acquisition
3 min read
Fund groups reluctant to move first on investment research
Survey of global asset managers reveals 45% of firms are ‘neutral and waiting to see how the rest of the market moves’
3 min read
FCA unveils final rules in investment research shake-up
New rules have been published alongside a range of other proposals designed to provide a boost to the UK market
3 min read
Asset managers increase investment research budgets for first time since MiFID II
Survey by Substantive Research shows ‘trend has turned’ on years of cuts to investment research budgets
3 min read
Schroders CEO: ‘Genie is out of the bottle’ on investment research costs
The fund house won't be calling clients to push expenditure back on to them, its boss says
3 min read
Why research review boss Rachel Kent is ‘glass overflowing’ on London’s markets
The Hogan Lovells lawyer hopes she’s cracked the code to rekindling UK growth stocks
5 min read
Fund houses cut more from research budgets despite looming MiFID II overhaul
The average research budget for 2023 has decreased by 6.5% amid a push to reverse regulatory changes
4 min read
European markets have suffered a ‘lost decade’ says Cboe’s Europe head
Regulation aimed at protecting incumbent exchanges has caused the European market to stagnate, according to Natan Tiefenbrun
3 min read
Why asset managers won’t rush to reverse ‘painful’ unbundling
'Asset managers need to convince the end investor that it’s in their best interests to bear these costs once again'
4 min read
City brokers facing ‘existential crisis’ say Mansion House Reforms come too late
The UK government is unwinding EU regulation that has hit City brokers hard. But bosses say it won't make a difference
Top City lawyer: Investment research review won’t be a ‘silver bullet’
Hogan Lovells' Rachel Kent tells FN that her proposals need to 'work holistically' with other government-led initiatives to bolster the City's competitiveness
Former IA boss urges government to resist pressure on MiFID II research rules
As part of its Edinburgh Reforms, the UK government has pledged to revisit EU rules that unbundled investment research. But Daniel Godfrey thinks that might not be such a good idea
Why reversing MiFID II unbundling would be a grave mistake
Maintaining current rules will not only improve transparency, but also encourage fund managers to find investment gems for themselves
Fund managers question ‘ineffectual’ MiFID II unbundling review: ‘Everyone has moved on’
A review of EU investment research rules by the UK government will be 'ineffectual', according to sector leaders
4 min read
UK government mulls changes to MiFID II equity research rules among package of measures to boost City
Officials are reviewing proposals that Kwasi Kwarteng was set to announce before he was forced to resign as chancellor
3 min read
Fears mount on ‘race to the bottom’ as UK’s post-Brexit trading rules take shape
Caps to limit trading in dark pools are set to be scrapped by both jurisdictions, sparking worry for Susquehanna International
4 min read
Fund managers struggle to find top research in a deluge of data
Too many investment managers still live in an analogue world, reliant on spreadsheets, Word documents and email communication
3 min read
UK looks to revamp MiFID II rules as post-Brexit changes to regulation gather pace
FCA to oversee systematic internalisers, scope of derivative trading obligations, and help with developing a consolidated tape
4 min read