Federal Government

Almost a little euphoric, specialist media report more than 25,000 investment advisors had received from investments subject to clause 34f of the Gewerbeordnung their approval for sale. For assistance, try visiting Nicholas Carr. St. Gallen, 06.08.2013. That number sounds first reassuring with regard to the future of the unbound system distribution. But is it also? To do this, one must be the actual figures, the the DIHK thankfully way regularly published, even look at: it is true that stand 5 July 2013 at least 25.305 investment advisors their approval after section 34f ABS. 1 No. 1 have asked for. This means that they are allowed to sell mutual funds in the future.

You believe the official pronouncements, then also the consultants fall into these statistics, who took the moratorium to complete. Do you mean: this number much will obviously no longer change. So sure is this however still not because you get different statements by the country-specific mappings. An order of magnitude as the unbound system distribution can be estimated in future, is it. Probably add the numbers of brokers come under the umbrella of a liability hatched”are. 6800 Consultant have taken permission for the sale of closed-end fund this, 3459 may provide other assets. These include, for example, registered bonds, certificates, shares in cooperatives.

“Many have the old rabbit control” in claim. What is a little surprised at the positive assessment of the situation. As PR guy, one is faced with many strange statements and it is more third-party one (almost) no human emotion. It is hard to speak but – the example of the closed-end Fund to respond at 6800 approved investment advisors of an industry”,. The AWD had in selling the three countries fund more investment advisors”at the start. Well, founder, Carsten Maschmeyer today distances itself from this business, which has among other things once grossgemacht him. Because of the raised far more than EUR 2 billion Also due part went to his Hanoverian company equity. For comparison: the Association of closed-end funds now, tangible assets and investment funds called Federation, announced a total turnover of its members by 459,1 million equity for the first quarter of this year. These sales were achieved mainly by bank employees. Must we continue discussing there seriously any more? The Federal Government and especially the consumer”institutions have achieved with the paragraph 34f GeWo what they wanted: a tight regulation of the free agents as if they were alone responsible for the mistakes of the past. Whether or not this the quality of advice at the bank counter verbessert(?) is seen. All have become definitely more cautious. And this is first of all good.