More than 300 European firms have lost all sell-side coverage since Mifid II

In late August, the UK’s Cass Business School published a research paper looking at the effects of Mifid II on sell-side analysts, buy-side analysts and firms themselves.

Unsurprisingly, the authors – Bingxu Fang and Ole-Kristian Hope of the  Rotman School of Management, Zhongwei Huang of the Cass Business School and Rucsandra Moldovan of the John Molson School of Business – found that the number of sell-side analysts covering European firms have fallen post-Mifid II and that buy-side firms have turned more to in-house research to replace this coverage.