Small asset managers ‘will charge investors for Mifid research costs’
The smaller asset managers are, the more likely they will charge their clients for research under Mifid II, according to a fresh survey.
Regulation
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Inducement ban – Why can’t they take you out for lunch?
An outright ban on the offering or acceptance of inducements within the financial services industry will lead to out “opportunities for people to understand each other” to be missed, the Chartered Institute for Securities & Investments (CISI) has warned.
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US equity fund managers pin hopes on Trump
US equity fund managers believe the S&P 500 can continue to add to a 26% rise over the past year. But barring good news to come out of Washington, there is little to cheer about for expensive US equities.
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Mifid II will expose complacent funds
Mifid II will be good for investors because it requires asset managers to ensure their funds remain fit for purpose, says Morningstar.
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Benchmark huggers? Not in Luxembourg, claims regulator
There are no benchmark huggers in Europe’s biggest fund centre, Luxembourg’s financial regulator CSSF has claimed, “except one isolated case.”
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US equities after the Trump rally – any opportunities left?
It’s very easy to make the bear case for US equities right now: valuations are high, and the market has priced in all the good things it expects from Donald Trump and none of the bad stuff. But that may be too simplistic a view.
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Most insurers ignore ESG
Only one in three European insurance companies invest responsibly, and most of these mainly do so because of regulatory pressure, according to fresh research from AXA IM. But large and small insurers don’t take ESG equally unseriously.
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ANALYSIS: The winners and losers of US financial deregulation
The dismantling of Dodd-Frank would give European banks with ties to the United States a competitive advantage and could influence other nations to adopt a more competitive regulatory scheme.
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Asset managers welcome MiFiD II delay
An industry frustrated by the lack of clarity over MIFID II’s detailed requirements would welcome a year-long deferral.
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Wealth managers face IT squeeze from ‘very tight’ MiFID II timeline – WMA
Speaking at a breakfast briefing on Thursday, WMA director of regulation Ian Cornwall said the EU legislation on the implementation measures for the Markets in Financial Instruments Directive II is only expected in January 2016, which leaves precious little time to build the software systems required to implement the directive a year later. “There is…
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Regulators issue warning on European bond funds
Investors should take into account the possible risks associated with investing in European bond funds, regulators say.
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Dust has settled around Dutch inducement ban
The inducement ban does not seem to have shaken the investor community in The Netherlands to the extent many had expected.