The MiFID has negatively impacted an area in particular asset management and that the GPF (segregated funds). Quickly explain why.
The reason is very simple, because the banks financial institutions (banks in particular) can no longer collect the repayments related to GPF as the inducements, according to the MiFID, are no longer justifiable (especially in this case in which there is no "value added"). The phenomenon of escape from the funds is thus "amplified" not only by the distrust of investors based on the results obtained by different operators, but from the problems of post-sale and advice in particular from the continuous flow arising from the GPF "dismantled."
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