Tag : mifid 2

But the looming EU rules could affect them, especially if they run portfolios on behalf of European fund managers.

Mifid 2 will force brokers to detail how commission payments are being spent. Asian asset owners may demand the same level of disclosure, says Leonard Ng of Sidley Austin.

London remains well set as a European base for Asian fund houses, but it's not so clear-cut now for non-EU wealth managers, says Leonard Ng, partner at law firm Sidley Austin.