The unintended consequences of regulations in asset management
Prescient Asset Management
Q3 of 2023 | 12 months ago
In early July, Lloyds, the London- based insurer, came under fire from asset managers when it allegedly told its members that Irish and Luxembourg Undertakings for the Collective Investment in Transferable Securities (UCITS) funds will “no longer be acceptable assets for Funds at Lloyds”. The reason they gave was the onerous due diligence requirements following regulatory changes in the EU earlier in the year.
Coronation Fund Managers was founded in 1993, by 18 group of investment professionals.
In 22003, asset manager Coronation listed on the JSE stock exchange.
With more or less than 10 unit trusts , asset manager Allan Gray is home to 3 funds featuring in our Top 10 Heavyweights by fund size in years of 2020s.
Asset manager Mazi Capital was founded in 2006 by Malungelo Zilimbola.
The unintended consequences of regulations in asset management
Prescient Asset Management
Q3 of 2023 | 12 months ago
In early July, Lloyds, the London- based insurer, came under fire from asset managers when it allegedly told its members that Irish and Luxembourg Undertakings for the Collective Investment in Transferable Securities (UCITS) funds will “no longer be acceptable assets for Funds at Lloyds”. The reason they gave was the onerous due diligence requirements following regulatory changes in the EU earlier in the year.
