Recent Insights

  1. Substantive Research Launches Industry-First ‘TripAdvisor’ for ESG Data Providers

    Allows Asset Managers to compare ESG data providers to improve investment decision processes  London, 3 June 2021: Substantive Research,  the research discovery and research spend analytics provider for the buy-side, today announced the launch of the latest function to be added to its offering for Asset Managers – the inclusion of Environmental, Social and Governance […]

  2. Event – Unbundling Uncovered – June 9th

    A Substantive Research Digital Event – June 9th 1pm BST / 8am EST Over 700 attendees joined us online in October 2020 to debate the key implications of the regulatory and COVID-driven virtual environment on US and European research markets. On June 9th, we will reunite the investment research industry to discuss various topics, including: […]

  3. Event – Transparency & Transition in Market Data – June 10th

    A Substantive Research Digital Event Heads of Market Data at asset managers around the world are battle-weary. A perceived lack of viable alternatives in key parts of the market leads them to possess limited leverage within negotiations with suppliers as their costs increase, and they lament the opacity in provider agreements that become harder to […]

  4. Addressing the unintended consequences of MiFID II unbundling rules

    First published on Tabb Forum in May 2021 Faster than anyone anticipated, the FCA issued a consultation on the 28th April as part of its work with HM Treasury on capital markets reform and the competitiveness of the UK financial sector. The consultation includes significant changes to MiFID II research unbundling rules with the FCA […]

  5. Substantive Research Launches Dashboard for Asset Managers

    Enables Analyst Mapping, Benchmarking of Research Pricing and Research Discovery London, 29 April 2021: Substantive Research,  the research discovery and research spend analytics provider for the buy-side, today announced the launch of their new, integrated Dashboard providing asset managers with detailed insights on their research providers’ pricing, sector coverage and investment in analyst teams. Developed […]

  6. Desert image

    Global Research Market Lost Over 7,500 Years of Experience since MiFID II

    Substantive Research analyst mapping study examines the juniorisation of analyst research across the US and Europe London, 8 March 2021: Substantive Research,  the research discovery and research spend analytics provider for the buy-side, today published findings of its latest study analysing the juniorisation of analyst research, which began with the implementation of MiFID II in […]

  7. Substantive Research expands into US and strengthens UK sales team in response to customer demand

    Appoints Michael Malpiede as Senior Sales Associate Americas and Alex Mackinnon as Sales Associate in Europe  London, 24 February 2021: Substantive Research, the research discovery and research spend analytics provider for the buy-side, has today announced the strategic hire of Michael Malpiede as Senior Sales Associate Americas, to lead Substantive ’s US expansion, in response […]

  8. Jigsaw Pieces

    Taking Stock: MiFID II and COVID’s effect on the Global Analyst Landscape

    First published in Tabb Forum, January 2021. The investment research market has now undergone two major shocks to demand and supply within three years; firstly MiFID II’s research unbundling requirements in 2018, and more recently the move to entirely virtual engagements in response to COVID. This has presented asset managers with a number of challenges. […]

  9. ESG Data Supply Survey

    Substantive Research has been mapping the research provider universe since January 2015 for over 70 asset managers in Europe and the US. The ESG research and data market is where this map has been evolving most quickly in response to needs and available budget from investors. Whilst there are a handful of incumbents in the […]

  10. Photo by Thought Catalog on Unsplash

    Value of analyst meetings has fallen by 47% since January 2020

    Substantive Research survey shows that while analyst engagement and demand for research remains high, virtual engagements are valued lower than physical meetings   London, 30 November 2020: Substantive Research, the research discovery and research spend analytics provider for the buy-side, has today published a survey into how asset managers have changed their approach to research […]