22 Jun 2017 AIMA MiFID II survey: 34% of Alternative asset managers undecided on how to pay for research
Six months ahead of the MiFID II implementation deadline, 34% of alternative asset managers are still undecided on how to pay for research, according to a survey by the Alternative Investment Management Association (AIMA).
AIMA’s CEO Jack Inglis: “Complying with MiFID II is a significant undertaking and understandably many members are needing to rely on the broker community to provide solutions. This survey shows not only that a substantial amount of uncertainty remains but also that the industry is working hard to meet the January 2018 deadline. Alternative asset managers face further increases in compliance costs and we will be working hard with members and regulators to ensure concerns are addressed, and avoid any fallout in six months’ time”