Autif reviewsinclusion of offshore funds

Professional Adviser
clock

Autif, the UK trade body for funds, is in the early stages of reviewing whether to include FSA-recog...

Autif, the UK trade body for funds, is in the early stages of reviewing whether to include FSA-recognised offshore funds in performance tables alongside onshore unit trusts and Oeics. Autif has asked for feedback from management groups, the European association of fund trade bodies FEFSI and the FSA. Anne McMeehan, director of communications at Autif, said there was a split between groups on the issue and no consistency across European trade bodies on the way the issue is dealt with. Some groups favoured having offshore funds listed alongside onshore, but unresolved issues such as ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on uncategorised

Building Society-owned Newcastle Financial Advisers acquires Openwork firm

First of a number of acquisitions

Hannah Godfrey
clock 09 December 2019 • 1 min read

Bond managers fear hedges being undermined as liquidity dries up

The recent sell off in the bond market and growing liquidity issues have forced bond investors to use similar hedging techniques, undermining their effectiveness and causing concerns about how much downside protection funds really have.

Anna Fedorova
clock 03 July 2013 •

Police launch investigation into mortgage middleman fined £1m

West Midlands Police have launched a fraud investigation into a Birmingham financier over his role in sale and rent back agreements.

clock 25 June 2013 •