Small-cap and tech leap ahead
Review to complete by year-end
Passive equity funds ‘consistently’ outperforming active counterparts
Regardless of Brexit outcome
Had previously urged EU regulators to go ahead as planned
European Commission yields to pressure
Equivalent to existing UK UCITS schemes
To ensure ‘smooth transition’
Clash over regulation continues
UK should develop its own authorised retail investment scheme
'10% rule' and disclosure
'Considerable uncertainties' facing sector
The Financial Conduct Authority (FCA) has committed to cutting fund authorisation times for UCITS and other fund structures by April 2014.
The Financial Conduct Authority (FCA) has expressed concerns over UCITS funds and exchange traded funds' (ETFs) ability to deliver on promises of daily liquidity for end-investors.
European Union lawmakers have narrowly rejected a proposal to cap fund managers' bonuses, a decision which would have blocked payouts from exceeding annual salaries.
Ucits have enjoyed a surge in demand in the first quarter of 2013, according to the latest statistics from the European Fund and Asset Management Association (EFAMA).
Active investment manager, RWC, plans to launch a Luxembourg UCITS long only unconstrained global equity fund.
European politicians have voted to reform the bonus structure of fund managers, a move which puts the UK at a "competitive disadvantage" and could damage shareholder value, according to PwC.
EU proposals to limit fund manager bonuses have been met by a withering reaction from the asset management industry.
Retail investors should be able to access less liquid investment strategies so they can benefit from longer-term investment decisions, according to new RWC Partners CEO Dan Mannix.
Despite continuing economic troubles, the European Fund and Asset Management Association (EFAMA) statistics for UCITS sales in 2012 point to an increase in investor confidence.