In theory, every investor must read the prospectus before investing their money. In practice, it is generally accepted that few investors do. The document is considered too long, too disjointed and too full of legalese to be accessible to most investors. That may be changing. This month, La Française is releasing a completely new — […]
Kneip, the business that publishes daily net asset values, data points, Kiids and AIFMD reports for fund managers, has hired Patrick Hilt and Lauri Paal to its team of digital experts, as it seeks to build its digital offering to both the investment and insurance industries. Hilt previously was chief technology officer at Miracl, while […]
An apparent loophole in KIID documentation – a lack of turnover rate data – has been plugged by research from Fitz Partners, which has used a US Securities and Exchange Commission method to calculate costs to investors.
Mario Mantrisi, chief Strategy and Research officer at KNEIP, says that there are lessons learned implementing the Key Investor Information Documents (KIIDs) that should help with the next steps in documentation production facing the industry.
Kii Hub’s director Nick Cumming says the industry is still struggling to provide uniform Key Investor Information Documents, but that ultimately investors will benefit.
Scotland based Electrum has launched a web based system for producing and updating synthetic risk reward indicator (SRRI) values, as required by key investor information documents (KIIDs) under Ucits rules from July 2012 on.
In its continuing series of podcasts, the Association of the Luxembourg Fund Industry talks to Noel Fessey from Schroders in Luxembourg and chairman of the ALFI KIID working group about the “Key Investor Information Document” and how investors should read it.
FE, the fund data provider, has opened a library for Key Investor Information Documents (KIIDs) for UK domiciled Ucits funds, head of the 1 July deadline for implementing the regime that replaces simplified prospectuses.
If 2011 was a year of implementing new regulations, 2012 is much more a year of responding to investor needs for better and more transparent information about products and providers, according to Pia Nilsson, chief executive of Fondbolagens förening (FF).
Thomas Eriksson, chairman and Pia Nilsson, CEO Of the Swedish Investment Fund Association have rejected a suggestion from Henrik von Sydow, chairman of the Swedish Parliament’s Committee on Taxation, for investment funds to bill investors rather than apply management fees.
UK manager Baillie Gifford has selected Kii Hub to produce Key Investor Information documents for its Ucits funds.
European asset management firms are falling short in their completion of KIIDs, the Key Investor Information Document which must be adopted across the region by 2012.