Back Office & Operations Distributors

Daiwa launches UCITS services in Ireland


Daiwa Europe Fund Managers Ireland has received authorisation to provide UCITS management company services to global fund promoters and hedge fund investment managers launching UCITS products.

Dublin-based Karl McEneff, managing director for Daiwa, says the management companies will play a vital role in the growth of this sector as a result of latest EU Directive UCITS IV and it has taken the strategic decision to launch a UCITS management company service.

Karl McEneff managing director of Daiwa

He adds the management company now enables Daiwa to provide a total servicing solution covering all functions required for UCITS