UCITS directive has not delivered on cross-border promises, says ALFI

Tue Sep 18, 2012

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UCITS IV promised solutions for streamlining cross-border distribution and facilitating scale, but there are still a number of obstacles which many fund managers have yet to overcome, according to Trends in Cross Border Distribution published by the Association of the Luxembourg Fund Industry (ALFI).
 
Large and small asset managers expect cross-border distribution to grow over the next few years despite the different challenges. Asset managers are distributing...

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