New Perspective: KIID Requirements Cause Headaches for Funds

The complex nature of Key Investor Information Document (KIID) compliance can cause logistical and financial pressures for buy-side firms. The process can, however, be streamlined through the efficient use of technology, as James Rundle reports.

Growing out of the level-two measures from the UCITS IV directive, which came into force in July 2011, the requirements for producing a KIID are particularly strict. The document itself needs to be written in plain English so as to avoid confusing jargon