Investment - Articles - J.P. Morgan Asset Management Delivers KIID


 J.P. Morgan Asset Management has announced it has gone live with Key Investor Information Documents (‘KIID') for its Luxembourg domiciled UCITS funds. Available from 16th April, the Company is believed to be one of the first global asset managers to fully implement KIID ahead of the 1 July 2012 deadline.
 The KIID has been introduced as part of the EU Directive 2009/65/EC, referred to as ‘UCITS IV' and will replace existing simplified prospectuses from 1 July 2012*.

 In order to comply with the regulation 18,000 documents have been produced for 193 funds which includes approximately 1,400 active share classes in up to 14 different languages. Investors and advisers can download the documents from J.P. Morgan Asset Management's European websites. In addition to the documents being online, J.P. Morgan Asset Management is proactively providing distributors and clients across Europe with the KIID.

 Jon Griffin, head of fund services for Europe at J.P. Morgan Asset Management said, "Bringing in the KIID has been a huge and complex undertaking so it is with great satisfaction we are able to deliver this new investor document well ahead of the July deadline."
  

Back to Index


Similar News to this Story

Millions of last minute filers face potential CGT hurdle
HMRC are expecting a tax return from over 12 million people for the 2024/25 tax year, according to their latest figures. But 5.65 million, or almost h
US action in Venezuela a geopolitical shock but markets calm
Rathbones and IG comment on US action in Venezuela which is a geopolitical shock but with limited market ripples
10 key last minute checks for your tax return
Your tax return for the 2024 to 2025 tax year is due by midnight on 31 January 2026. 5.65 million people haven’t filed their self-assessment tax retur

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.