Assmann, Hans-Dieter and Uwe H. Schneider (eds) (), WpHG, 5th edition. Cologne, Germany: Baur, Jürgen (), Investmentgesetze 2. Teilband, 2nd. Investmentgesetz – Kommentar mit Bezügen zum Kapitalanlagegesetzbuch. Norman Mayr, LL.M. §§ InvG. in: Emde/Dornseifer/Dreibus/Hölscher, . Investmentgesetz . Directive //EC of the European Parliament and of the Council of 16 September on the taking up, pursuit and prudential.
|Published (Last):||13 January 2013|
|PDF File Size:||12.19 Mb|
|ePub File Size:||13.13 Mb|
|Price:||Free* [*Free Regsitration Required]|
Volume 24 Issue 6 Decpp. Volume 46 Issue 6 Decpp. Der Vertrieb von Investmentanteilen nach dem Investmentgesetz.
The second example refers to an equity fund investing in several gold imvestmentgesetz. However, even if these single-issuer funds do not have to comply with the quantitative element of the investmentgsetz of risk diversification, the UCITS Directive requires a single-issuer fund to hold securities from at least six different issues and that securities from any one issue may not account for more than 30 per cent of its total assets.
See all formats and pricing Online. Volume 28 Issue 6 Decpp.
Volume 2 Issue investmentgeestz Decpp. Volume 36 Issue 6 Decpp. Moreover, BaFin mentions that cash funds in fact do also apply a qualitative element of risk diversification because their deposits with various banks differ with regard to term and interest.
Prices do not include postage and handling if applicable. By using the comment function on degruyter.
Zeitschrift für Bankrecht und Bankwirtschaft
The InvG provides for a specific quantitative investment limit according to which a cash fund may invest not more than 20 per cent of its assets in bank deposits with the same bank. Volume 14 Issue 6 Decpp. Volume 44 Issue 6 Decpp. Volume 10 Issue 6 Decpp. Subject to the outcome of that inquiry, BaFin has reserved the right to change its new guidelines, which were issued in response to requests for the authorisation of several funds related to the price of physical gold.
Prices do not include postage and handling if applicable. Volume 25 Issue 6 Decpp. An excessive effect is, as a rule, assumed if the investment in one asset or one investment risk exceeds 50 to 60 per cent of the total fund value. Januar und umfasst auch Veruerungsgewinne. Volume 14 Inveatmentgesetz 2 Janpp. Volume 18 Issue 6 Decpp.
Volume 42 Issue 6 Decpp. Volume 32 Issue Novpp. Volume 8 Issue 4 Decpp. Volume 27 Issue 2 Janpp. Volume 19 Issue 1 Janpp. Volume 16 Issue 6 Decpp. Volume 6 Issue 4 Decpp. Volume 3 Issue 4 Janpp. Prices do not include postage and handling if applicable. According to the quantitative element as set out by BaFin, investment funds have to be invested in four or more assets. Volume 6 Issue 4 Decpp. Volume 23 Issue 6 Decpp. Volume 1 Issue 4 Decpp.
Moreover, BaFin takes the view that the principle of risk diversification applies in addition to the specific 200 investment limits for certain types of investment funds, which are set out in the special rules of the InvG.
Volume 34 Issue 6 Decpp. Volume 5 Issue 4 Decpp. Volume 7 Issue 4 Decpp. The qualitative element will generally be fulfilled if the four or more assets are subject to different investment risks. Provided that the quantitative element is fulfilled, it is considered sufficient for the qualitative element that the shares of various automotive companies constitute a similar, but investmentegsetz the same, market risk.