Edison, which produces insightful analysis of closed-ended funds and other listed equities, last week released an excellent report entitled The Future of Equity Research, co-authored with an analyst from Bloomberg.
Why is it worth reading? The regulators, not just here in the UK but globally too, have been turning their attention more keenly post-crisis to the issue of soft commissions, which is none too surprising...
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Historic levels of M&A
Brent Crude fell 0.8% to $53.51 a barrel
Largest firms applying fee caps
Revised from 0.3% to 0.2%