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Fund managers question ‘ineffectual’ MiFID II unbundling review: ‘Everyone has moved on’
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The government's review of investment research rules is unlikely to reverse the reduction in output triggered by MiFID II, according to City insiders.
Chancellor Jeremy Hunt announced a review of "the provision of investment research in the UK, including the effects of the EU’s MiFID unbundling rules" on 9 December, as part of a package of post-Brexit deregulation dubbed the Edinburgh Reforms.
But...
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