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.
Islamic and ethical investment experts, Oasis Crescent is to provide it's full range of Dublin-based UCITS regulated and Shari'ah compliant funds to UK retail investors.
Geneva-based investment company Alix Capital has upgraded its global financial data management platform, FDM, to offer a more robust and speedier UCITS hedge funds data management and index calculation function to the market.
A steep reduction in net sales of long-term UCITS (UCITS excluding money market funds) was the main trigger of the fall in net sales of UCITS during the month.
Twenty-two countries recorded an increase in net assets of UCITS during the quarter. Strong growth was recorded by all the largest domiciles of UCITS with the United Kingdom recording growth of 7.2% followed by Ireland (6.2%), France (6.0%), Luxembourg...
An increase in bond and money market funds was the key development in the latest investment sales and asset data from the European Fund and Asset Management Association (EFAMA).