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Press Digest from FN

A round-up of stories making the news this morning...

Press Digest from FN

Investors mull tighter norms amid governance breach at Sports Direct
The Investor Forum, which represents Sports Direct’s institutional shareholders, are mulling over recommendations like tighter listing norms and voting restrictions, to ensure that dominant investors like Mike Ashley, who owns 56% of the sports retailer, cannot flout boardroom standards. (Times)

Research access fears loom large for UK funds under new Mifid rules
UK investment managers pay commissions worth £3bn, including £1.5bn related to research, figures from the Financial Conduct Authority reveal, amid concerns over research costs after the new MiFID II rules come into effect next January. (Times)

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