ESMA accused of not understanding fund management
The European securities regulator's latest draft proposals over the issue of paying for broker research fail to grasp how managers make investment decisions, a forum hears.

European securities regulator Esma has been accused of failing to understand how fund managers make investment decisions in framing its December draft of technical standards for Mifid II.
Sign in to read on!
Registered users get 2 free articles in 30 days.
Subscribers have full unlimited access to AsianInvestor
Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.
¬ Haymarket Media Limited. All rights reserved.