FT โ€“ FCA eyes liquidity reforms to avert replay of Woodford crisis

https://tinyurl.com/y6alutcp Publication Date: 01/10/19 Source : Financial Times Key Takeaways: FCA has outlined new rules for Property based funds in light of Woodford incident. Rules will come into play in September 2020. Emphasis on disclosures rules, liquidity based contingencies and stipulation that property funds must stop trading in the event of uncertainty about 20% ofโ€ฆ

EFAMA โ€“ Quarterly Statistical Press Release Q2 2019

https://tinyurl.com/y4kc32j9 Publication Date : 06/09/19 Source: EFAMA Key Takeaways: Q2 2019 demonstrated two principal developments, continual outflows from equity funds and an ongoing rally in bond funds. Overall outflows of -32B EUR, as opposed to Q2 2018 which had +0.3B EUR in Equity Funds Overall inflows of 83B EUR, as opposed to Q2 2018 -6Bโ€ฆ

ESMA Publishes Stress Simulation Framework

https://tinyurl.com/y6bm6no9 Publication Date : 05/09/19 Source : ESMA Key Takeaways A new stress simulation framework devised by ESMA has been applied to over 6000 UCITS Bond Funds. The framework was designed to simulate a pure redemption shock. Results show that generally many funds are able to handle such a shock. However, more importantly their testingโ€ฆ