More than half of investment company buyers believe MiFID II and disclosing costs on key information documents (KIDs) under PRIIPs rules will have a negative impact on the trust sector, putting them at a disadvantage compared to open-ended products, according to Winterflood's 2018 Annual Investment Companies Survey.
Of the 158 respondents, who mostly included wealth managers, investment trust directors, institutional investors and IFAs, 58% said the regulation which came into force in early January was "complex",...
We are all tired of talking about backstops and customs unions and voting blocs, but Brexit chat still manages to get centre stage to the exclusion of all else.
How to create order amid a seemingly disorderly exit
Part of investment committee restructure
To be held in July
Lloyds share rise on results