More rules will hit cross-border distribution, warns Efama
Changes to the legislative framework for investment funds could create an additional barrier to cross-border fund distribution, the European Fund and Asset Management Association (Efama) has warned.
PEOPLE MOVES: JP Morgan AM, Prudential, Mirae Asset
Stephanie Flanders is to leave JP Morgan Asset Management, while Prudential has named a financial planning and strategy director for its advisory firm. Mirae Asset Global Investments has a new head of Nordic sales.
Serious flaws in newly-published Priips rules says Efama
The European Union has finally published details of its key information document (Kid), which are part of the controversial Priips guidelines, despite continued criticism from various industry bodies.