UCITS should return to original design, Fidelity says
Thu Sep 29, 2011
There should be a return of 'truecits’,
according to Fidelity Worldwide Investment in its response to
the European Securities and Markets Authority’s
discussion paper into structured UCITS.
The asset manager is one of the most prominent advocates for
splitting UCITS into complex and non-complex categories.
Fidelity is advocating that UCITS investment powers revert to
its original principle because the UCITS brand needs repairing
to gain a valuable foothold in Asia.
The asset manager has argued 'strongly for’ UCITS
being split into complex and non-complex categories...
ISSN: 2151-1845 / CDC10004H
The full contents of this article are available to active Absolute UCITS subscribers and trialists only.
TAKE A FREE TRIAL
To continue reading please, take a free trial or subscribe to Absolute UCITS.
Subscribers have unlimited access to all current content, including UCITS fund performance Live League Tables. Start your subscription today - click on the button below.