Ucits 3 was the main topic at this year's Alfi & Nicsa forums, including regulation and the proposed simplified prospectus to be introduced across Europe. Joanne Frearson reports on what the speakers had to say
Capital requirements under Ucits 3 may put smaller asset managers in Europe in jeopardy, according to Marc Saluzzi, investment management leader at Price- waterhouseCoopers, speaking at the Alfi & Nicsa 11th Annual Europe-USA investment funds forum. Regulation concerning Ucits 3 was the key issue at the conference and the Alfi & Aima Hedge Fund Risks conference. Another area of focus was risk management in portfolio construction. Saluzzi addressed Ucits 3 in relation to the restructuring of the fund industry and changing capital requirements. He warned that the capital requirements...
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