21/03/2019at 11:19

MiFID II increases both transparency and bureaucracy, Nordic AMs say

The MiFID II directive provides improved terms for investors and increases transparency in the market despite some bumps on the road. On the other hand, the directive has also increased the level of bureaucracy in some Nordic-based investment firms.

Ari Kaaro, managing director of Seligson & Co Fund Management in Finland. | Photo: PR

Reeta Paakkinen, CATHRINE KIER, MORTEN PLESNER and SIMON RICHARD NIELSEN

Despite frustration regarding implementation, misunderstandings and some unwanted consequences, the EU directive MiFID II has provided better terms for asset management customers.

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

Access all locked articles
Receive our daily newsletters
Access our app

Get full access for you and your coworkers

Start a free company trial today

Nasdaq Nordic: Dark trading is flourishing under MiFID II
For subscribers
Over 160 Nordic stocks report ESG data to new Nasdaq portal
For subscribers

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Front page now

From left: Steffen Mielke, head of fixed income at PensionDanmark and member of the CFA Society. Denmark's Fixed Income Committee hosted the seminar and moderated the debate. Søren Funch Adamsen, head of portfolio construction at Danske Bank Asset Management, Allan Japhetson, head of investment strategy at ATP, and John Hydeskov, deputy CIO at Velliv. | Foto: PR / CFA Society Denmark

Fund Management

Renaissance for bonds in multi-asset portfolios - not yet say three investors

At a seminar held by CFA Society Denmark’s Fixed Income Committee, three investors discussed the prospects of increasing the share of bonds in multi-asset portfolios.

For subscribers

Anna Magnusson will join state pension fund AP1 from Alecta. | Foto: Evelina Carborn/alecta/pr

AMNews

Major Swedish state pension fund will fill key role with Alecta recruit

For subscribers

Jonas Ingerdal Predikaka is one of five former Carnegie employees who is setting up private banking at ABG. | Foto: Rickard Kilström / Carnegie / Pr

AMNews

ABG aims for top spot in Swedish private banking with former Carnegie people

For subscribers

Kirin brewery brewing facilities. The company traces its roots to Japan Brewery established in 1885. | Foto: PR: Kirin Group.

AMWatch

Norges Bank ends observation of Japanese beer company but keeps Korean firm on watch list

For subscribers

Jerome Powell, chairman of the US Federal Reserve. | Foto: Leah Millis/Reuters/Ritzau Scanpix

AMWatch

Fed opts for hike-and-see in gamble that crisis will stay contained

For subscribers

The Finnish earnings-related pension system lost EUR 16bn in 2022 | Foto: Vesa Laitinen / PR

AMWatch

Assets dropped by EUR 16bn in tough year for Finnish pension system

For subscribers

Many Danish pension funds have invested in Credit Suisse

A number of Denmark’s largest pension funds have invested DKK millions in either equities or bonds from Credit Suisse.

For subscribers

Søren Mørch is in charge of Danske Bank Asset Management's emerging market debt funds. | Foto: Danske Bank / PR

AMWatch

Danske's new EMD manager hopes more active strategy can win back lost assets

Five months into the job, Danske’s new head of EMD, Søren Mørch, is confident that a more active investment approach can get the fund back on track. The fund has almost halved in size since the former team left last year.

For subscribers

AMWatch