Uncle Sam should embrace absolute return UCITS


In virtually all major global financial markets retail and institutional investors alike are able to buy UCITS funds – except US investors.

US-based retail investors are unable to buy the global phenomenon and the greatest European financial services export – UCITS – because their financial regulators do not permit the sale of these funds.

US-based institutional investors can use UCITS vehicles – but only through a cumbersome private placement regime.

Investors in Europe as well as Asia and Latin America have all embraced the regulatory wrapper because of the benefits it brings to investors – including increased liquidity, transparency