LONDON: In financial markets, few have a good word to say for MiFID II, the European Union overhaul of securities laws going into effect in January. Mark Holman, chief executive officer of fixed-income specialist at TwentyFour Asset Management, begs to differ.
“Ultimately, the regulator’s job is to protect the end investor,” said Holman, whose London-based firm manages about US$13.4bil. “The end investor will come out of this with a better deal, so that’s a good thing.”
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