Ucits’ future in Asia questioned
Ucits has enjoyed unprecedented success penetrating Asia but the party may be ending for the investment vehicle as three Asian initiatives prepare to challenge the European brand
Funds industry practitioners are casting doubt over hopes that the Undertakings for Collective Investment in Transferable Securities (Ucits) as a brand will continue to succeed in the Asian funds market.
Keith Hale, executive vice-president, client and business development, at Luxembourg-based fund software provider Multifonds, is one who thinks the future of Ucits and cross-border funds in Asia is less optimistic than some Europeans might think.
“If the financial transaction tax in its current
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact info@risk.net to find out more.
You are currently unable to copy this content. Please contact info@risk.net to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@risk.net
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@risk.net
More on Custody
Fund admin providers see strong demand for illiquid strategies
Three-quarters of survey respondents administering $4.4 trillion collectively get weekly illiquids enquiries from managers
Bafin's Hufeld: op risk modelling 'almost impossible'
AMA can go, but other models will stay, Felix Hufeld tells Risk.net
HSBC drives custody growth with China mandate wins
Securities lending also sees uptick as BNY Mellon and State Street announce new clients
ISSA standards seek to stamp out cross-border custody crime
Principles also target misdeeds in settlement and distribution of securities
Are regulators listening at last on the leverage ratio?
Basel Committee, FSB and EBA open ears to balance sheet leverage concerns
Sovereign wealth fund interns cost BNY Mellon nearly $15m
Custodians should retrain HR in foreign bribery rules as SEC threatens further action
Latin alternative funds eye Asia following passport decision
AIFMD 'driving' South American business to Singapore
Non-domestic custodians notch up big deals in Australia
BNP Paribas Securities Services takes A$50 billion of UniSuper assets previously run by NAB
Most read
- Top 10 operational risks for 2024
- Japanese megabanks shun internal models as FRTB bites
- Market for ‘orphan’ hedges leaves some borrowers stranded