Setting up a Ucits fund involves a considerable amount of work. For some managers the effort and expense required may just be too great. For those based outside the EU the requirement to have a European management company can be a real obstacle.
But some companies are offering a helping hand by setting up platforms to host these funds. Admittedly the move is hardly based on generosity – the platform hosts take a portion of the fees. Nevertheless, many managers think it is worth the cost.
The week on Risk.net, December 9–15 2017Receive this by email