A booming sector with excellent forecasts, but which phone number list a significant effort from its main players to understand where the asset management industry should go from now on to maintain this line of recovery. In this sense, from Deloitte Legal they point out three objectives to follow for the future: Adaptation to MiFiD II: this acronym is phone number list known as the Markets in Financial Instruments Directive, which will come into force on January 3, 2018. According to the phone number list at Deloitte Legal, adaptation is essential to this new European regulation designed to achieve a safer and more honest financial system with the investor:
The MiFiD II will mean a very significant change in phone number list areas of asset management: in the way investment services are provided and in how they are rewarded. In addition, it will impact the way in which investment vehicles and solutions will be designed for clients,” they say. Fewer margins: "The second challenge that managers will have to face is the narrowing of margins." This theory would be supported by the downward trend in management fees – phone number list has been appreciating since 2016 – and by the increase in costs derived from the obligations to which entities are subject.