Hedge fund manager Crispin Odey has said the incoming MiFID II rules on research will lead to fewer trades, less price discovery and less efficient markets, and could be devastating to markets when combined with the end of QE.
In a note to investors, Odey warned MiFID II, which comes into effect on 3 January 2018, would cause an increase in capital costs meaning firms with less access to research would trade less, according...
The US dollar is close to peaking and the risks now seem to be on the downside.
Latest news and analysis
Fallout from Haywood suspension
Songs from writers Johntá Austin, Sean Garrett and Rico Love
Strategic public equity