Economics
Research Just Got Cheaper And That’s a Major MiFID Headache
- Rules put onus on fund managers to show research costs fair
- They could be in trouble with regulator as banks cut prices
What MiFID Means for Execution and Research
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Falling research prices under MiFID II are leaving asset managers with a problem: the risk of being accused of taking inducements for cheap analysis.
The European Union’s regulatory overhaul will force buyside firms to justify the price they pay for analysis once its cost is unbundled from other services such as trading commissions.