Ucits

But three of the four – the Aliquot Commodity fund, Aliquot Agriculture fund and Intelligent Portfolio Asset Allocation fund – were closed to new investors in early June 2011 following intervention by the ICB.It was reported at the time that Castlestone had not been complying with tougher new rules introduced to cover investments known as Ucits IV funds which included three of the four, even though compliance is not fully required until mid-2012.

Castlestone raided by FSA 2011

These concerns are driving various trends in the industry, including deeper and more frequent reporting as well as investor interest in more regulated fund products such as Ucits

Hedgeweek 2010

While standards such as Ucits III have achieved wide and growing acceptance, nearly all funds are now open to transparent fund investment; transparency has become the institutional standard.

Daily News 2010

He is assembling what is called a "Ucits" structure (Undertakings for Collective

SeekingAlpha.com: Home Page 2010

Yet, ETFs are such a small portion of the European Ucits Undertakings for Collective Investments in Transferable Securities market at only 3.5%, it is tiny compared to swaps, futures and other derivatives.

Don't Lose Your Grip Emma Dunkley 2011

All synthetic ETFs in Europe must comply with the Ucits III regulations, which only allow for a maximum 10% of the net asset value of the fund to be exposed to the swap.

Don't Lose Your Grip Emma Dunkley 2011

The Ucits directive aims to introduce similar investment rules for investment management groups across EU member states, allowing them to operate and cross-market their products throughout the EU.

Castlestone raided by FSA 2011

In this sense, at least 90% of the fund has to hold what Ucits defines as eligible collateral.

Don't Lose Your Grip Emma Dunkley 2011

The regulated Ucits version of the fund has recently hit €250 million, and last September, Mr. Charlton launched a leveraged version of the strategy in response to investor demand.

Rising Stars in Resurgent Hedge Funds Harriet Agnew 2011

In 2009, Mr. O'Shea initiated discussions with Deutsche Bank to launch a long-only and an absolute return commodity Ucits fund, which launched in March last year with $11 million of seed capital from Deutsche.

A New Breed of Asset Managers Focuses on Emerging Markets Angela Henshall 2011