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Behavioural finance experts, Oxford Risk, have today published a new report entitled ‘WEALTH MANAGERS ARE STILL ADAPTING TO MiFID II’, revealing that many European wealth managers are failing to adapt to MiFID II by not fully assessing client suitability and risk levels.
The report outlines the full research study* amongst wealth managers across France, Germany, the Netherlands, Spain, Italy, Switzerland and the Nordics whose firms collectively manage assets of around €3.2 trillion and gives new insight into the current state of the European wealth management sector. It’s now available to download via the Oxford Risk website.
On ESMA, MiFID and Sustainability
The study found that just two out of five (38%) European...
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