The survey underlines the rise of UCITS as a 'gold standard' in Asia and other overseas regions. The awaited UCITS IV proposal should be seen in this perspective, EFAMA notes.
The new survey on UCITS as a global brand underlines the rise of UCITS as a “gold standard” in Asia and other overseas regions. The survey also highlights the increasing importance of Asian markets and oil-exporting countries as growth areas for the UCITS industry. The awaited UCITS IV proposal should be seen in this perspective, EFAMA notes.
Key findings include that:
• 90% of the net sales of the international UCITS promoted by the participating companies originated from Asia in 2007. UCITS sourced from Asia and Latin America now reach 14.3% and 3.1% of international UCITS assets managed by the participating fund managers, respectively.
• 82% of the participants in the survey consider that the proportion of UCITS held by investors in Asia is set to grow in the coming years, with third-party global banks leading as distribution channels. And most fund managers agree that UCITS will accumulate increasingly more assets in the Middle East and Latin America.
© EFAMA - European Fund and Asset Management Association
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