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‘MiFID II ‘unbundling’ rules working well for investors – FCA’ Investment Week features Hardman & Co CEO, Keith Hiscock

20 Sep 2019 / In the media

By Grace Merrall

Sophie King of Investment Week concludes ‘MiFID II research 'unbundling' rules have improved asset managers' cost accountability and saved millions for investors, according to research from the Financial Conduct Authority (FCA).’

The article follows the recent review published by the FCA evidencing the success of MiFID II in protecting investors through increased scrutiny over the cost of research.

Sophie explains ‘Keith Hiscock, CEO of investment research provider Hardman & Co, said  MiFID II has “clearly changed the behaviour of institutions and the approach to research”.’ adding “Although the payment mechanisms for research are still evolving, institutions have become better guardians of investor money and have come to the conclusion that some of what was paid for did not add value.”‘

Read the full article here.