UCITS face challenges from non-EU investors
Wed Mar 23, 2011
Around a third of UCITS funds are sold to non-EU investors
and the product is one of the most successful financial exports
Sanjiv Sawhney, global head of fund services for Citi in
Luxembourg, said during the UCITS IV debate at the Association
of the Luxembourg Fund Industry spring conference that many
non-EU investors are not benefiting from increased regulation
but are paying for it.
Sanjiv Sawhney from Citi
He told the audience: UCITS IV is an efficiency
directive. How are Latin American and Asian investors
going to benefit? That question needs to be answered very
The amount of new flows from ex-EU investors is more
than 30%. If you take the Key Investor Information Document, it
ISSN: 2151-1845 / CDC10004H
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