Forum hears of hurdles to independent research in Asia

The widespread adoption of independent research by buyside traders is hampered in Asia both by the lack of a regulatory push and the difficulty of pricing the research, a forum heard. Richard Wallace, chief executive of IND-X, which sources independent research for institutional investors, said that while Asian managers investing globally still had a need for global research from investment banks, there is a global trend for buysides to favour independent information. There are …