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Asset managers do not want UCITS to be split, report states

September 18, 2012  

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Most asset managers do not want UCITS to be split into complex and non-complex categories, according to a new report by consultants KPMG.


The 28-page report, The Perfect UCITS, which has surveyed 23 UCITS investment managers, states that more than 80% of respondents do not want the split currently proposed in the MiFID (Markets in Financial Instruments Directive)...

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