‘Creativity’ may tarnish Ucits brand

Article reports that concerns were rising that the emergence of ever more complex and esoteric vehicles within the European Union’s Ucits fund framework risked damaging the brand and splintering the marketplace into 'complex' and 'non-complex' funds.

ESO: Background information: European Commission Website: Asset management http://www.europeansources.info/record/website-banking-and-finance-investment-funds/

Website: European Securities and Markets Authority (ESMA) http://www.esma.europa.eu/

---