MiFID II spurs €20 million additional costs at Deutsche Asset Management
Deutsche Bank’s CFO says external research costs related to MiFID II reached €20 million in the first half of the year.
Tag: Unbundling
Buy-side warned about free-trial periods for research under MiFID II
ESMA lays out rules for free-trial periods and investment firms are excepted to keep a record that they have been met.
Custodians could play a role in MiFID II research provision
One head of global custody believes custodians could play a part in the front-end decision-making process for clients.
Regulation
FCA details review of unbundling under MiFID II
The FCA will contact asset managers, investment banks and brokers to evaluate the effects of unbundling under MiFID II.
Buy-side bearish on unbundling post-MiFID II
Global survey of fund managers suggests the buy-side is now feeling the consequences of MiFID II unbundling rules.
MiFID II sees more than 60% of UK-fund managers reduce broker lists
Survey of UK-based fund managers focusing on small and mid-sized companies suggests MiFID II has negatively impacted liquidity and research coverage.
FCA targets MiFID II compliance in latest business plan
MiFID II compliance with best execution, unbundling and payment for order flow are among the rules the FCA will be looking at this year.
ESMA warns on FICC MiFID II research pricing
MiFID II research pricing war has seen price of fixed income research plummet as banks compete against each other.
Deutsche Bank bullish on research business under MiFID II
Deutsche Bank targets greater share of research market and predicts competitors to scale back.
SGX and Smartkarma roll out independent research platform
SGX is the first exchange group to join C-suite Pilot platform developed by Smartkarma that aims to ease communication and data reporting.