Leading hedge fund administrator SEI this week launched a set of online tools to help managers meet new requirements under the UCITS IV Directive.

June saw UCITS funds get hit with net outflows of EUR29billion over investor concerns of the continuing economic woes in Europe and the US according to the latest figures released by EFAMA.

The Investment Management Association has published a guide for investors on the Key Investor Information Document (KIID) reported IFA Magazine this we

SEI has launched new tools designed to assist investment managers in meeting mandatory requirements under the Undertakings for Collective Investment in Transferable Securities IV (UCITS) Directive. SEI has developed an online solution to simplify the production and servicing of the required Key Investor Information Document (KIID), while also enhancing its portfolio compliance monitoring system to account for UCITS-specific investment restrictions. Under the UCITS IV Directive, asset managers will be obligated to replace their current simplified prospectus with a KIID for their UCITS products. The introduction of the KIID is aimed at promoting transparency and uniform standards across EU member states,

Germany’s Federal Financial Supervisory Authority (BaFin) has approved a tax agreement between Switzerland and Germany that will give Swiss securities funds (SSFs)

GAM has given UK retail investors the opportunity to invest in its USD55million GAM GAMCO US Equity fund, wh

London-based fund manager Rudolf Wolff, a long-standing name in the City thanks to its eponymous founder being one of the founders of the London Metal Exchange in 1877, is looking for a buye