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Comment by Joy Dunbar, Editor of Absolute UCITS
The first mover in any new market has an inherent an advantage. The UCITS platform space this is no different. In the past few years more than 10 UCITS platforms have sprung up – launched by investment banks, asset managers or independent players – with varying degrees of success. But more investment banks and asset managers are expected to launch platforms this year offering more fund managers the chance to advise sub-funds.
One particular financial services firm, which previously stated