Effect of MiFID II and the Firms’ Engagement Practices

Our latest Hot Topic Summary Report, a regular feature in which we survey buy-side analysts and portfolio managers for their input on a variety of topics affecting the financial and investment communities, explores the ways investor relations teams can increase value.

In the past, Hot Topics have explored Brexitsocial media, what differentiates the best IR teams, tax reform and more. Last time, we discussed the value of a good IR program and today we’re focusing on how important a solid IR program actually us.

We asked a wide collection of buy-side analysts, portfolio managers, and Chief Investment Officers across multiple sectors the following question:

“Given changes in the corporate access landscape due to MiFID II, how have your firm’s engagement practices changed with corporate teams? For teams looking to proactively engage with analysts and PMs at your firm, what are the best practices that you would recommend for direct outreach?”

85% of the respondents mentioned that there have not been any changes in engagement practices from MiFID II. The Chief Investment Officer at a $115.5M specialty investment manager stated, “We haven’t changed our practices, which is mostly due to us not having operations in Europe, and we don’t deal with any European brokers either.”

Find out what else they had to say, in Ipreo’s latest Hot Topic: The Effect of MiFID II and the Firms’ Engagement Practices