Fund Houses Cut Research Budgets Amid MiFID II Overhaul
Fund Houses Trimming Research Budgets: A Strategic Move Amid MiFID II Overhaul? In a surprising turn of events, fund houses are reportedly cutting back on their research budgets. This is happening despite the looming overhaul of the Markets in Financial Instruments Directive (MiFID II). The question that arises is, why would fund houses choose to …
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