UCITS Next Great Hope for U.S. Firms in Europe

June 9, 2008

NEW YORK - Days before the European Union celebrated the 10th anniversary of the Euro last week, Dechert LLP held a widely popular seminar here on the how-to's of Undertakings for Collective Investment Trusts, or UCITS, which have been growing at a rapid pace not only on the Continent, but also in Latin America, Asia and the Middle East. UCITS essentially afford an investment firm a 'passport' to register and market a UCIT, an investment vehicle structured much like a mutual fund, throughout the EU.

The full article is available to Money Management Executive subscribers only

Already a print subscriber? As a print subscriber, you are entitled to online access. Please click here to activate your account.