Press Release: Financial services: Commission publishes new research on investment policies of UCITS funds

On 12 February, 2008, the European Commission published an important piece of new research on European investment funds. The study on 'investment funds in the European Union: comparative analysis of use of investment powers, investment outcomes and related risk features in both UCITS[1] and non-harmonised markets' will feed into the Commission's reflections and preparatory work for the forthcoming communication on non-harmonised investment funds to be published in autumn 2008. The study will be one of the items discussed at an open hearing on non-harmonised retail funds and real estate funds that the Commission will organise in Brussels on 8 April 2008.