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Ucits IV disappoints on cost reduction

11 January 2010

The new Ucits IV directive is not bringing the operational cost reductions many European investment fund asset managers had assumed

Read more: Ucits IV EU directive cost reductions model alignment

The new Ucits IV directive is not bringing the operational cost reductions many European investment fund asset managers had assumed. But they are still finding benefits around business model alignment, finds a new Ernst & Young survey.

In a poll of 98 European investment fund participants, 49% said that business model alignment with Ucits IV is the biggest driver for improving their operating model. This compared to 37% that identified cost efficiency.

Crispin Rolt, Ernst & Young’s...


 

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