“Joshua Maxey, managing director of Third Bridge, a research company, said asset managers are making ‘sharp cuts to their research budgets and doing an inventory of what they really need versus nice-to-have products’.”
Financial Times: Big asset managers struggle to meet Mifid II deadline
Joshua Maxey, co-founder and managing director at Third Bridge, comments on how asset managers are planning sharp cuts to their research budgets and making decisions on what they really need versus "nice-to-have" under the impending Mifid II deadline