Date Uploaded: [ 02-05-2008 ] Filesize: [ 1556k ]
Worldwide distribution of UCITS products continues apace, with international asset managers employing a UCITS wrapper to market their flagship fund products cross-border within the European Union, and also into Asia, Emerging Europe and South America. This article, Financial Seervices Research, looks at the advance of UCITS as a globally
distributed investment product.
Steve Cook, Business Advisor, Morse, suggests that 'we should perhaps be cautious about overestimating the expansion of genuine third-party distribution. There has been a trend among industry commentators to represent the drive towards open architecture as an inexorable wave that is spreading evenly and universally across Europe. The reality, however, is substantially different.'
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