UCITS managers need to have their contingency planning in
place if the eurozone breaks up, according to
DechertOnPoint, published by the big industry law firm
UCITS funds are required to implement a documented risk
management process that is designed to identify and manage
material risks to which they are exposed in relation to the
performance of the activity of collective portfolio management,
the report by the law firm states.
It adds that there are direct and indirect risks to UCITS
portfolio if the eurozone breaks up. They include:
Eurozone sovereign issuers: The most direct...