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ETF Investigations: ESMA’s UCITS-eligibility review and its impact on ETFs
The European Securities and Markets Authority (ESMA) launched an industry-wide review of the UCITS Eligible Assets Directive in May, potentially opening the door to a fresh wave of asset classes for ETFs. While crypto grabbed the headlines, other asset classes such as commodities and delta-one instruments could also be UCITS eligible in the future. With…
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