The unbundling of fees prompted by MiFID II funding has sparked debate over whether investment firms should pursue equity research . Industry insiders are asking if private equity capital markets are truly dependent on in - house analysts following exposure to fixed - income products . It 's also been suggested that the more exclusive the research , the less necessary second - tier advice becomes .
The unbundling of fees prompted by MiFID II requirements has prompted questions over whether investment banks should ditch equity research. Industry insiders are asking if thriving equity capital markets are truly dependent on in-house analysts following cuts to fixed-income products. It's also been suggested that the more exclusive the research, the less necessary second-tier advice becomes.