Autif leading calls for changes to regulations

Autif is using its response to the Sandler Review to push for regulatory change to allow a raft of stalled product types to be introduced. It claims a lack of regulatory responsiveness is stifling the UK's ability to compete with Dublin and Luxembourg. The trade body is looking to kick-start the development of limited issue and limited redemption funds, allowing managers to restrict investor access to, and departure from, a portfolio. It has said that non-Ucits securities funds specifically designed and marketed for sophisticated investors, which are allowed in centres like Dublin, shou...