
Research
Indexing in Disguise: Closet Trackers Under Fire in Europe
Fideres replicates ESMA’s study on closet indexers.

You can read our full research here:
Underwriting in the US Bond Markets – Why the Status Quo Poses Risks to Competition
Paul joined Fideres after completing a BSc in Economic History at the London School of Economics and Political Science. At LSE, Paul was a Trustee of the Student Union and President of the Music Society, having previously performed with two national choirs in the US. At Fideres, Paul leads our discrimination litigation practice, analysing cases of algorithmic and indirect discrimination, in addition to his work in the Competition team, where he is a project manager. On the Competition team, Paul’s work spans financial markets, with his research on bond market manipulation published by the ABA, digital markets, and industrial organisation.
Fideres replicates ESMA’s study on closet indexers.
Fideres discusses the importance of implied volatility in securities litigation involving options.
Fideres examines the hidden price of dining out.