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How Mifid II will impact Asian asset management
The new rules from the European Securities and Markets Authority will affect research consumption and fund distribution in Asia, according to a roundtable by AsianInvestor and BNP Paribas.
Europe’s asset management industry has just encountered its largest set of rules changes in a decade, with the introduction of the Markets in Financial Instruments Directive II (Mifid II) on Wednesday (January 3). But the ramifications of this new set of rules is bound to affect many Asian fund houses and investors too.
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