Asset Management

BlackRock urges FCA to include corporate access in investment research overhaul

MiFID II changed the rules governing how brokers facilitate meetings between asset managers and company executives

BlackRock said any changes to investment research rules in the UK should be ‘internationally aligned’
BlackRock said any changes to investment research rules in the UK should be ‘internationally aligned’ Photo: Erik McGregor/Getty Images

BlackRock has called on the Financial Conduct Authority to include corporate access in any overhaul of how asset managers pay for investment research, a move that the world’s largest fund group says will help align the UK market with the US.

MiFID II changed the rules on corporate access — where brokers facilitate engagements between fund managers and the senior management of companies in which they invest — as well as research payment deals.

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