Asset Management

Fund groups reach ‘tipping point’ over investment research costs

Almost 90% of asset managers polled by Substantive Research expect at least half of all investment research budgets will become client funded

The Financial Conduct Authority shook up rules governing investment research  as part of wider efforts to slash red tape and boost capital markets
The Financial Conduct Authority shook up rules governing investment research as part of wider efforts to slash red tape and boost capital markets Photo: John Keeble/Getty Images

Fund management groups have warmed to the idea of passing on investment research costs to clients, with predictions that changes brought in seven years ago across Europe will be overhauled by the end of 2027.

Since the arrival of MiFID II in 2018, the vast majority of fund groups have paid for investment research out of their own profits.

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110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the BrinkExternal link

110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the Brink