Goldmans' Phillips: 'There will be losers' as MiFID II pushes larger sums to fewer funds

Goldmans awarded eight mandate over past six months

clock • 2 min read

Boutique firms face further pressure as a result of MiFID II implementation as the rulings are pushing larger pools of money to fewer managers, and could lead to further consolidation throughout the asset management industry, it has been warned.

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