Cross-border Ucits funds facing local restrictions
Only 13% of Ucits funds may comply with new fee rules proposed by German regulator, says consultancy
Only 13% of Ucits funds may comply with new fee rules proposed by German regulator, says consultancy
With central banks loosening their belts so much comes the risk of policy makers getting caught with their trousers down.
With government bond yields in developed markets at record lows, asset managers are more pessimistic than ever about return prospects for the asset class.
The Bank of England’s monetary policy committee has cut interest rates to 0.25%, and committed to a new term funding scheme to “reinforce the pass-through” of the decision into the broader market.
Bank of England governor Mark Carney has indicated an interest rate cut and other new stimulus measures are on the cards.
Negative interest rate policies have started to unnerve investors, even though Sweden, Denmark, the eurozone and Switzerland have all had negative policy rates for over a year.
Equities markets around the world climbed sharply on news of Japan’s surprise decision to cut interest rates into negative territory.