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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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Nedgroup Investments does not have internal fund managers per se, it select establised asset managers to manage their unit trusts funds.N-e-FG financial trading licence was revoked after funds were found missing . N-e-FG was founded by Corne Janse van Rensburg.In 2021, 1st Fusion AM ceased to operate unit trusts, tranfering its existing 3 funds to Stonewood AM. |
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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. |