Put an end to Ucits bonus cap talk, says ICI Global
Managers of Ucits funds remain unsure whether they will be hit with a bonus cap, and it’s high time for this bad idea to be killed off, says Dan Waters of trade body ICI Global.
Final guidelines on the remuneration requirements of Europe’s Ucits V directive were released on March 31, but an issue of great concern to investment firms remains unresolved: will managers of Ucits funds globally be subject to a bonus cap?
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