Northern Trust Now KIIDs-Compliant
Northern Trust's asset management arm announced that it is already compliant with new Key Investor Information Documents (KIIDs) guidelines for Ucits funds. The Ucits IV directive has an implementation deadline of July 1, 2012, for KIIDs reporting.
"We support any move that makes the process of investing in funds more transparent and that promotes a level playing field for investors to compare available Ucits funds in which they choose to invest," says John Krieg, managing director, asset management, Northern Trust, EMEA region. "We are pleased to have successfully completed our transition to providing KIIDs to our investors well ahead of the industry deadline."
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