Kii Hub says Jupiter, Martin Currie and Neptune have chosen to use its platform for preparing Key Investor Information Documents (Kiids) for their Ucits funds based in the UK and Luxembourg.
As of 1 July, it will be a legal requirement for providers of all Ucits IV funds to provide a Kiid in the local language of each country the fund is sold. Many asset managers are opting to outsource the production of these documents to third parties.
Established in October 2010, Kii Hub is a joint venture from data company Financial Express and Technical Fund Marketing, which provides product management and marketing for asset managers. The firms also run Global Funds Registration, which aids fund distribution.
Gary Wheeler, head of sales and account management at Financial Express said: “The automation of the process via proven technology, the ability to draft necessary wording in plain English as well as offering translations into other languages, and the trust built up with the team were cited as key advantages in choosing Kii Hub.”
Other firms including Morningstar and Equipos are offering Kiid production platforms.
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