Studie – The future of equity research
8. November 2016
The investment research industry will be profoundly affected by sweeping reforms that are ongoing in the EU in the form of MiFID II. Under the new regime, asset managers will need to fund external research from their own profit and loss account (P&L) or through research payment accounts with clear audit trails. While implementation is for 2018, fund managers are already starting to adjust their business models.
This paper looks to continue the debate around the EU’s MiFID II reforms. It builds on and updates the work set out in the original paper of January 2014 and provides updates on regulatory and research/industry developments over the past two years – notably the publication of the MiFID II delegated act from the European Commission.
Die Studie "The future of equity research" beleuchtet aktuelle Entwicklungen und die Auswirkungen von MiFID II auf börsennotierte Unternehmen.