Do Professional Investors Have A Fiduciary Responsibility To Examine All Sides of Issues?

Alternative sources, Dataminr, Mifid II and predicting future events by examining social media and alternative news sources.

As the January 2018 deadline for MiFID II compliance approaches, and institutional investors, hedge funds and related entities scramble to meet the requirements, there is one issue that might get easily overlooked: news and informational diversity.

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Institutional investors have a responsibility to consider different perspectives which are not often reflected in the mainstream

In a world where charges of “fake news” fly about as casually as using avocado on toast, do professional investors have a fiduciary responsibility to examine all sides of issues? Ariel Capital’s Charles Bobrinskoy, for instance, forces himself to view news websites...