With the ink just dry on UCITS IV and the UCITS V consultation just opened, the European Commission has published what is being unofficially dubbed UCITS VI. In the first of a two-part series, Joy Dunbar, editor of Absolute UCITS, explores how the Asian asset management industry has responded to this development.
UCITS is one of the best known of global investment brands. Its reach has captured many investors on the shores of the Middle East, Latin America and Asia as well as within the European region itself.
However, how does the Asian asset management industry view Product Rules, Liquidity Management, Depositary, Money Market Funds, Long-term Investments – which has unofficially been dubbed UCITS VI?
The speed of new UCITS directives
Lawrence Au, head of Asia Pacific for Hong Kong-based