European regulator continues to review complex UCITS products

Mon Jan 30, 2012

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The 'retailisation' of hedge fund strategies within the UCITS wrapper remains a concern for regulators, according to a new report published by the European Securities and Markets Authority.

The 77-page report sets out future guidelines on UCITS-related issues. This follows a discussion paper published in July 2011 (see earlier story) by ESMA that expressed its...


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