Changing Climate for European Funds
February 23, 2006 by SEI Knoweldge Partnership with David Dillon, Partner, Dillon Eustace (Dublin); Michael Jackson, Partner, Matheson Ormsby Prentice (Dublin & London); Ethan W. Johnson, Parnter, Morgan, Lewis & Bockius LLP (Miami)
Seminar Highlights: The Changing Climate for European Funds: Regulatory Experts Weigh In (PDF, 8 pages)
Implementation of UCITS III is reshaping the marketplace for retail investment funds sold cross-border in the European Union. At an SEI Web seminar, top international legal and regulatory experts provided their insights on the far reaching regulation that is fundamentally altering the retail fund marketplace in Europe. Among the issues covered:
- What have we learned from product conversions? From management company conversions?
- What are the advantages of remaining a non-UCITS Fund?
- How much is UCITS III enhancing crossborder marketing?
- How is new product development being affected?
- What are the effects on governance and managerial structure?
- What role will the CESR play in implementation?