What is UCITS?
– This is an EU Directive which establishes a common regulatory regime for Undertakings for Collective Investment in Transferable Securities, ie funds under UCITS can market themselves throughout the EU. As the name implies, investments are limited to those securities listed on public stock exchanges. Many mutual funds in Europe use the UCITS legislation.
This is an EU Directive which establishes a common regulatory regime for Undertakings for Collective Investment in Transferable Securities, ie funds under UCITS can market themselves throughout the EU. As the name implies, investments are limited to those securities listed on public stock exchanges. Many mutual funds in Europe use the UCITS legislation.
Related Questions
- Are UCITS doomed to be the Cinderella sisters of hedge funds, with diluted returns and negative tracking error?
- The Group rejected idea of allowing funds of hedge funds to be sold as UCITS/retail investment funds. Why?
- Why are investors attracted to hedge fund strategies offered through Ucits structures?