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Financial Times: Fund industry moves to paying for research itself

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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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