Mifid reforms spur companies seeking investors to bypass brokers
Companies are bypassing their banks and brokers to arrange meetings and calls directly with potential investors, in response to new European rules that aim to make markets more transparent and reduce conflicts of interest. Mifid II, the sprawling EU markets regulation that came into effect this year, requires banks and brokers to charge fund managers separately for analyst research as well as for “corporate access”, such as face-to-face meetings with company management. But some fund... Read more
