UK should develop its own authorised retail investment scheme
'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.