Luxembourg regulator probes loan investments by Ucits

Lawyers say CSSF has already told a number of funds to prepare to sell their holdings

Luxembourg is the biggest European hub for Ucits

Loan investments by popular European retail funds have been put under the microscope by Luxembourg’s financial regulator, the CSSF, with some funds said to have been advised privately by the watchdog that they should prepare to sell their holdings.

Liquidity risk is one of the reasons for the regulator’s concern. Many undertakings for collective investment in transferable securities, or Ucits, allow daily redemptions, while selling loans in the secondary market typically takes a lot longer

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 [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: