Studie – U.S. Equities: Regulations Loosen Bonds Between Research-Trading

While on the surface the U.S. equity business looks relatively unchanged, something is clearly going on. Since 2013, the size of the business as measured by commissions generated has shown only minor fluctuations. Likewise, the commissions institutions allocate to pay for research and advisory services as well as the length of broker lists appear relatively stable.

However, there are signs that a fundamental shift may be afoot, most notably in the traditional alignment between sell-side firms’ standing in research with their standing in trading. These developments are likely to accelerate as MiFID II requirements in Europe lead the largest investment managers toward globally consistent practices.

Greenwich Associates führte zwischen November 2015 und Februar 2016 eine Umfrage mit 223 US-Equity Portfolio Managern zu dem Thema US-Equity Investing durch. Die Studie können Sie hier auf der Internetseite von Greenwich Associates herunterladen.