ManCo Due Diligence. Quick Facts for US Fund Managers ManCos, a term most commonly used in the investment management world to refer to both UCITS management companies as well as authorised alternative investment fund managers, have been recently – once again – under the spotlight of the Central Bank of Ireland. The results of a…
The New Regime for PRIIPs KIDs Notification in Italy Italy is amongst the handful of European member states to have introduced the requirement for notification of KIDs for the PRIIPs marketed locally. This requirement has immediate implications for manufacturers of fund products classified as PRIIPs and marketed locally, due to the fact that PRIIPs KIDs…
European Fund Platforms. Quick Facts for US Fund Managers Joining European fund platforms is at topic widely debated amongst US Fund Managers looking at fund distribution strategies for Europe. Whilst fund platforms do exist in the US, the European landscape for fund platforms is not entirely aligned in its practices and dynamics with the one…
Where the Rubber Meets the Road on AIFMD Pre Marketing By August 2021 most of Europe will implement the so-called Cross Border Distribution of Investment Funds Directive (the Directive). The reason why this is important is because of the introduction of the notion of AIFMD Pre Marketing as well as the related notification regime across…
What You Need to Know about Marketing UCITS in UK Post Brexit Discussions abound on the consequences of Brexit for UK market participants. Most of the focus so far has been on the access to the EU 27 – or loss thereof – once the EU passport was no longer a possibility (see more on…
MiFID Tied Agents. Weighing Your Options to Access the EU Single Market 2021 started on a better note for many. Some of the old issues, like the uncertainty surrounding Brexit, was left behind in 2020 for good. A long-awaited trade deal was struck between the UK and the EU just by the end of the…
What You Need to Know about UCITS Marketing in Italy With assets under management easily exceeding a trillion Euros, nearly half of which accounted for by the fund industry, Italy remains one of the most attractive markets for EU fund distribution. However, not an easy one especially for foreign asset managers. A very conservative local…
UCITS KIID PRIIPs KID Transition. Is that Ever Going to Happen? There are few reasons why UCITS managers are concerned with PRIIPs. The first and most apparent one is that the definition of PRIIPs encompasses both packaged retail investment products and insurance-based investment products, with UCITS falling under the first category. The second reason, more…
Investment Funds Cross Border Distribution in 2021 The European landscape for investment funds Cross Border Distribution is set for a small revolution in 2021. Following the adoption in mid-2019 of both a new directive and a regulation, part of a broader endeavour of the European Commission on the Capital Markets Union, the time has now…
Add Sub-funds in the UK Temporary Permission Regime So, you are most likely one of the wise fund managers or promoters to have had your UCITS authorised for marketing in the UK under the European passport regime, just on time before the end of the transition period. You also most likely were able to carry…