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| Where I Am? | Viewer ==> The unintended consequences of regulations in asset management | |||||||||||||
Prescient Asset Management |
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| Prescient Asset Management | Q3 of 2023 | 3 years ago |
In early July, Lloyds, the London- based insurer, came under fire from asset managers when it allegedly told its members that Irish and Luxembourg Undertakings for the Collective Investment in Transferable Securities (UCITS) funds will “no longer be acceptable assets for Funds at Lloyds”. The reason they gave was the onerous due diligence requirements following regulatory changes in the EU earlier in the year.
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Sanlam Private Wealth acquired investment manager Brackenham in 2016. The firm was founded by Dave Boonzair , Andrew Hayes, and Maurice Koenis.Asset manager Prescient Asset Management was founded by the Guy brothers Herman and Toms.In 1965, the first unit trust in SA , Sage Domestic Equity Fund ,was launched. |
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| Disclaimer |
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| Please note that unit trusts investmets are generally classified as long-term investment products not suitable for trading and speculation. |