August 31, 2017 / 4:56 PM / in 4 months

BRIEF-‍Fitch says "some reprieve for U.S. Investment managers, but challenges remain​"

Aug 31 (Reuters) - Fitch:‍

* Fitch says “Some reprieve for U.S. Investment managers, but challenges remain​”

* Fitch says intensifying competition, regulatory developments likely mean M&A wave among U.S. traditional investment managers is not ending anytime soon​

* ‍Fitch - Markets in Financial Instruments Directive that is set to go into effect in European Union on Jan 3, 2018 could present headwinds for future earnings​ Source text for Eikon:

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