Deloitte's 2019 regulatory outlook report predicts burden of absorbing costs of research under MiFID II will reinforce trend of consolidation on the buy-side, particularly among smaller firms.
ABN Amro, Liberum, Peel Hunt and Numis are among the sell-side research providers to join the programme launched by RSRCHXchange.
Study from Liquidnet finds that more than half of asset managers have implemented a global policy for unbundling under MiFID II.
Union Investment and BMO Global Asset Management are using Bloomberg’s research service to comply with MiFID II.
Deutsche Bank’s CFO says external research costs related to MiFID II reached €20 million in the first half of the year.
ESMA lays out rules for free-trial periods and investment firms are excepted to keep a record that they have been met.
One head of global custody believes custodians could play a part in the front-end decision-making process for clients.
Global survey of fund managers suggests the buy-side is now feeling the consequences of MiFID II unbundling rules.
Survey of UK-based fund managers focusing on small and mid-sized companies suggests MiFID II has negatively impacted liquidity and research coverage.