Financial Times: Fund industry moves to paying for research itself

In an article discussing how the asset management industry would pay for research under the new regime of Mifid II, Third Bridge co-founder Joshua Maxey discusses how managers he's spoken with our reacting to the directive.

Joshua Maxey, managing director of Third Bridge, a research provider, says that fund houses are in the process of “taking sharp cuts to their research budgets and doing an inventory of what they really need versus nice-to-have products”.

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