By Pierre OBERLE, Senior Business Development Manager, ALFI
UCITS(1) are celebrating their 30th anniversary this year. Although originally intended to be marketed only across the European Union, the UCITS brand is now recognised as the one truly globally distributed investment fund product. Latin America is, after Asia, the main distribution region for Luxembourg-domiciled UCITS outside Europe. A major driver has been the investment by local pension funds into UCITS. Pension funds and local regulators believe that the UCITS framework provides them with a well-regulated and stable high-quality investment product with significant levels of investor protection, and they therefore consider UCITS the ideal vehicle to get international exposure and diversification....
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