Eurozone break-up: contingency planning for UCITS
Over the last decade, the UCITS (Undertakings for Collective Investments in Transferable Securities) product has enjoyed tremendous success globally. Within Europe, the growth of UCITS has been fuelled in part by not only product innovation but the introduction of the Euro in 1999. In the face of the potential disintegration of the Euro in the midst of a sovereign debt crisis in one or more European countries, management and boards of UCITS should consider a variety of potential risks and scenarios as part of an effective risk management program. This briefing will highlight certain key considerations for UCITS in evaluating and planning for a potential complete or partial break-up of the European Monetary Union.
Click on the link above to download this Dechert briefing.
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