EU Parliament negotiators, the Commission and the Council of Ministers has reached an agreement regarding draft EU rules for small investors. The EU Parliament will put the agreed rules to a plenary vote later this month.
EFAMA head Claude Kremer has mooted the idea of a ‘modified Ucits’ to accommodate less liquid investments, which he said were a cornerstone of long-term investments and savings.
CFA Institute, EuroFinuse, FECIF, EFAMA, and AILO have jointly welcomed the focus of the European Commission on investor protection through the publication this week of three pieces of legislation: the Packaged Retail Investment Products (Prips) Regulation,...
The ongoing financial crisis is reshaping business models in Europe’s asset management industry, and there is more turbulence to come, Schroders’ vice chairman Massimo Tosato tells InvestmentEurope.