RWC Partners names Stallvik as CEO on Mannix departure investmentweek.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investmentweek.co.uk Daily Mail and Mail on Sunday newspapers.
Asset managers support SFDR but concerns remain over impact on boutiques
Reporting rules scrutinised
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Asset managers believe SFDR can be a force for good in the industry
Members of the boutique asset management think tank Independent Investment Management Initiative (IIMI) are largely in support of the European Union s Sustainable Financial Disclosure Regulation (SFDR) rules, but a significant minority are vocal in their concerns about the regulation.
A survey from the think tank formerly known as New City Initiative showed more than three quarters of its members believe they will benefit from complying with SFDR, with 61% of respondents believing that the new EU rules that came into effect in March will improve competition in the asset management industry.
New City Initiative think tank rebrands as Independent Investment Management Initiative investmentweek.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investmentweek.co.uk Daily Mail and Mail on Sunday newspapers.
UK needs fund structure to “rival Luxembourg and Ireland” Jan 07, 2021 By Funds Europe
The free movement of people, goods and services between the UK and EU ended on January 1, 2021. In Funds Europe, the New City Initiative re-iterated its call for a UK cross-border fund structure to rival those of Luxembourg and Ireland.
The post-Brexit UK fund - as well as creating jobs not only in the City, but also in the UK regions - could even facilitate the onshoring of more asset servicing roles that have traditionally gone to Luxembourg and Ireland, says Nick Mottram, chairman of New City Initiative, which is a ‘think tank’ focusing on financial regulation.
Think tank calls for post-Brexit UK fund structure rival to Ucits citywire.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from citywire.co.uk Daily Mail and Mail on Sunday newspapers.