UCITS

Ready or not…PRIIPs KID implementation deadline for UCITS funds is coming soon!

On 3 February 2021, the European Supervisory Authorities (ESAs) submitted draft Regulatory Technical Standards (RTS) to the European Commission. These contained amendments to the key information document (KID) for packaged retail and insurance-based investment products (PRIIPs). Although some national competent authorities on EIOPA’s board expressed reserva […]
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Brexit: understanding the transition period

On 31 January 2020, following the formal adoption of the withdrawal agreement, the UK officially left the European Union. Now begins the transition period outlined in the Brexit deal, which provides details on how the UK’s exit will unfold. For example, it states that no UK representative can participate in any EU institution, agency or body. It further declar […]
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How performance fee requirements could change your business model

Performance Fees: how portfolio managers earn their money – or is there more to it? Aligning portfolio management and investor interests with fair reward is what most people associate with performance fees. However, this perception neglects the other major ways that performance fees can impact your business. As indicated in our previous blog post (“Per […]
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Performance fees for the Fund industry: it’s decision time

Regulators and investors desire value-for-money Recent European regulations related to fees are delivering new requirements for the Fund industry. The regulators’ ultimate goal is to improve fee transparency and to reach a standardized cost-reporting framework. There’s been a lot of debates and discussions on this topic in the past few months, intensifyin […]

Reliable sustainability information: the dawn of a new era

Environmental, social, and governance (ESG) data is being used more and more systematically. Why? It’s ultimately down to a shift in investor mindset towards issues like global warming, resulting in (and driven by) initiatives like the European Commission’s Action Plan on Financing Sustainable Growth, which strengthens regulations on sustainability disclosur […]
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New Luxembourg law protects fund sector from Brexit

On 28 March 2019, the Chamber of Deputies passed a law that grants investment funds a one-year delay in which to solve breaches of investment rules and EU passporting issues that would result from a “hard” or “no-deal” Brexit. The main objective of this law is to maintain market stability and protect investors from negative Brexit-related consequences. […]
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