Investment Funds in Europe – “UCITS, Non-UCITS and Alternative Investments”
Prof. Dr. Marco J. Menichetti
Prof. Dr. Jang Schiltz, University of Luxembourg, Coordinator 2011
ERASMUS Intensive Project in Luxembourg
Academic Year 2010/2011
April 10-22, 2011
Content of this Programme and Sponsors
European Commission and Parliament passed the first directive on UCITS (undertakings for collective investments in transferable securities) in 1985, in order to create a common European market for investment funds with an appropriate investor protection within Europe. The last revision of that directive, UCITS IV, was already approved by the European institutions and has to be implemented into the local law of the member states by July 1st, 2011. During the last years the European Commission has intensified its observation of the European wide market for mutual funds for several reasons, i.e. because of the importance for the private retirement provisions sector and because of assumed efficiency and cost disadvantages of the sector compared to the US.
Within a 10-day Intensive Programme with participation of students from five European universities, students will study the regulation and instruments of the European fund market. Additionally we will also focus on implementation of alternative investments, discuss investment strategies and Supervision of Investment Funds. This will be put into action in the form of student presentations, company visits and meetings with investment funds professionals, input-lectures, and the integration of a portfolio management game.
The aim of this ERASMUS Intensive Program is to analyze the situation and specific issues of the mutual fund market for the involved countries Cyprus, Latvia, Liechtenstein, Luxembourg and Malta. The program should also offer an appropriate and unique completion to the curricula of the involved partner universities.
This Erasmus Intensive Programme was selected for a European Community co-financing. The grant of the Community will contribute about 50% of the organizational, travel and accommodation costs of the project.
Project Partners:
IP-Partners
Prof. Dr. Marco J. Menichetti
Chair for Business Administration, Banking and Financial Management
Institute of Financial Services
University of Liechtenstein
Fürst-Franz-Josef-Strasse
FL-9490 VADUZ
T +423 265 1169
Prof. George Nishiotis, PhD
Department of Public and Business Administration
University of Cyprus
T: +357-22-892478
Prof. Dr. Oec. Elvira Zelgalve and Dr. Inna Romanova
Institute of Finance
University of Latvia, Riga
T: +371-7034632
Prof. Joseph Falzon, PhD
Head Department of Banking and Finance
Faculty of Economics, Management and Accountancy
University of Malta
T(mobile) +356 79 461735
T: +356- 2340-2734
Prof. Dr. Jang Schiltz, associate professor
Faculty of Law, Economics and Finance
University of Luxembourg
T: +356-4666446663
Participants
Liechtenstein
-
Bezbaile Kristine
-
Lee Yu-Ton
-
Gatis Šīmanis
-
Mikko Hämäläinen
-
Michael Werle
-
Silviu Sica
-
Johannes Jasper
-
Sebastian Venc
Luxembourg
-
Alfred Kizali
-
Edith Mwoze
-
David Schmit
-
Maxime Maucourant
-
James Aziamadi
-
Carole Lulling
-
Anael Marchetto
-
Ricardo Mendes
Malta
-
Simon Psaila
-
Joseph Sammut
-
Matthias Busuttil
-
Charlene Zahra
-
Cynthia Scicluna
-
Adrian Borg
-
Steve Briffa
-
Maria Agius
Cyprus
-
Marios Papantoniou
-
Aineas Mallios
-
Pavlos Tsokkos
-
Maria Constantinou
-
Anna Papaonisiforou
-
Antonis Voskoy
-
Aygoustinos Athienitis
-
Constantinos Constantinou
Latvia
-
Ēvalds Začs
-
Ņikita Kabanovs
-
Ivars Liepa
-
Dmitrijs Lukaševičs
-
Krista Sudraba
-
Lija Staškeviča
-
Anastasija Kudrjavceva
-
Elīna Ozoliņa