No guarantees so proceed with caution
27 September, 2010
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Marilou Calara, Citi |
Since their initial launch, Ucits III structures have become popular among fund providers and both retail and institutional customers, but question marks still hang over latest interpretations of the directive, under which fund houses are now packaging hedge funds for retail consumption. PWM invited eight leading figures in private banking and asset management to discuss the proliferation of these vehicles, the continued importance of due diligence and what the future may hold. Yuri Bender directs the debate.