The big question

Allegra van Hovell: "Ucits IV will be a very positive development for the European asset management industry as it will remove a number of complexities and redundancies. Firstly, it will allow the use of master-feeder structures, where a Ucits fund will be allowed to fully invest its assets into another fund. This means we'll be able to have similar funds sharing the same core pot. Ucits IV will also make the whole registration process in different countries much easier, allowing investors from all across Europe to have access to the same fund at the same time, removing the current time gap...