One size does not fit all

Like most other investment houses that focus purely on asset management, Henderson welcomes the changes taking place through Ucits III. We particularly welcome the introduction of simplified prospectuses and the increased opportunities for cross-border marketing. In addition, many investment managers will benefit from the cost savings arising from the ability to streamline their fund ranges under Ucits III. However, what Ucits III will enable fund managers to actually do in offering products to investors will ultimately depend on the decisions made by regulators in individual countries....