European Funds Masterclass

ESMA Direct Supervision on CASPs Could Kill License-Lending Models in Europe

2 weeks ago

Key takeaways The National supervisory authorities long relied on mutual confidence and the passporting mechanism to enable cross-border flows of financial services, leaving to ESMA led supervisory convergence the role to iron out differences among…

Decoupling Stock Exchanges from EU Member States. The Future of ETF Offer to Italian Investors.

European Funds Master Class

5 months ago

Key takeaways Exchange-Traded Funds emerged as the investment vehicle of choice for European households seeking exposure to capital markets. Listed and tradeable UCITS, ETFs have experienced significant momentum in recent…

From Bricks to Clicks. The Role of Physical Premises in the UK Facilities for OFR UCITS

European Funds Master Class

7 months ago

Key takeaways With the recent introduction of the UK Overseas Fund Regime (OFR), a bespoke framework for national recognition of so-called overseas schemes was established. For the time being that…

Luxembourg Might Have Lost its Edge over the CBI 24-hour ELTIF Approval

European Funds Master Class

8 months ago

Key takeaways The ELTIF II reform triggered renewed interest both for managers and investors, with a growing volume of ELTIFs being launched and offered to retail investors across European borders.…

UCITS Local Facilities in France and Italy. Analog Countries in a Digital Europe

European Funds Master Class

9 months ago

Key takeaways The concept of local facilities under UCITS directive has undergone a complete revamp with the introduction of the Cross-border distribution directive. An ambitious legislative endeavor where cost efficiencies…

Mastering UCITS Fund Distribution Oversight

European Funds Master Class

10 months ago

Key takeaways The increasing complexity of fund distribution networks across Europe, especially in contexts heavily reliant on cross-border distribution models, places significant operational and strategic demands on UCITS management companies.…

Beyond the Pros. Marketing AIFs to retail investors in Europe

European Funds Master Class

11 months ago

Key takeaways AIFMD addresses the distribution of AIFs predominantly to professional investors. This approach reflects the needs of the market for alternative investments when the directive was firstly introduced in…

Why You Won’t Believe That You Need a Facilities Agent for ELTIF

European Funds Master Class

11 months ago

Key takeaways While ELTIF II eliminated many of the perceived bottlenecks and legacy requirements from its previous iteration, confusion persisted regarding the requirement of appointing a facilities agent for ELTIF. …

Why Europe Is Watching Closely the Consumer Composite Investments Rules

European Funds Master Class

12 months ago

Key takeaways By the end of March 2020, the first consultation launched by the UK FCA on the Consumer Composite Investments will come to an end. A new standard for…

Will a New Union Enhance European Cross border Distribution?

European Funds Master Class

12 months ago

Key takeaways The shallowness of the European capital markets has implications for European companies says Ursula von der Leyen in the recent Political Guidelines for the Next European Commission. Innovative…

Key Implications of Trump 2.0 on EU Distribution for US Managers

EU Distribution for US Managers and Key Implications of Trump 2.0

European Funds Master Class

1 year ago

EU Distribution for US Managers and Key Implications of Trump 2.0 The return of Donald Trump to the presidency of the USA comes with a set of far-reaching consequences for…

Debunking the Myths of the UK Overseas Fund Regime

European Funds Master Class

1 year ago

Debunking the Myths of the UK Overseas Fund Regime Key takeaways The pronunciation of equivalence made by the UK government was the missing piece in the architecture of the UK…