Politics & Regulation

Commodities should be added to the list of eligible assets, AIMA says


The list of eligible assets in which a UCITS fund can invest should be expanded to include commodity derivatives, according to the Alternative Investment Management Association (AIMA).

The position paper, part of its response to the UCITS V consultation, states that European investors may have to the flexibility of added exposure to commodity prices.

AIMA adds: “The treatment of commodity derivatives appears to be outdated and in contradiction with the investor protection concerns and the interest of investors in general.

“Single commodity futures and options are among the most liquid instruments traded in financial markets. They are much more liquid than