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Fund managers prepare for research overhaul after FCA U-turn

New survey suggests rule changes could have an impact after all

By David Wighton
Nearly half of the fund managers polled think clients will start picking up part of the tab again
Nearly half of the fund managers polled think clients will start picking up part of the tab again Photo: Getty Images

David Wighton is a columnist for Financial News

One of the many remarkable features of Liz Truss’s short stay in Downing Street was her focus on one arcane corner of financial regulation. When listing what she wanted to achieve in office, she perplexed political reporters by highlighting reform of the MiFID II rules on payment for equity research.

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