A practical guide to UCITS funds and their risk management

A must-have book about investments !

UCITS funds today represent a major share of European funds. The European
directives started with UCITS I in the mids 1980s, and have been amended up to
UCITS IV in 2009, to be followed soon by a UCITS V package. In its first part,
this book is summarizing the evolution and features of these successive sets
of European regulations. Among others, it covers the UCITS eligible assets,
the key parties involved in UCITS funds operations, their reporting and
information requirements, taxation and many other useful related subjects, to
give a short but useful understanding of the UCITS world.Beside the UCITS IV
directive is entering into the risk management fiel, wich is materialized by
the issue of a key document entitled Risk Measurement and the Calculation of
Global Exposure and Counterparty Risk for UCITS (the famous ref. 10-788
Guidelines of the Committee of the European Securities Regulators "CESR"). The
Guidelines require some technical skills: the second part pf this book
reproduces the CESR's Guidelines, punctuated with comments and prerequisites
of quantitative finance, to help for a better understanding of the content and
significance of this UCITS IV objective.

This book will give you the best keys to invest, avoiding many financial
risks.