Synthetic ETFs could win EU regulatory boost

Recently released guidelines by the European Securities and Markets Authority (Esma) are designed to put exchange-traded funds on a surer footing, and may enhance the acceptability among regulators of structured or synthetic versions. Many European-based ETFs are marketed to Asian jurisdictions under the Ucits brand of funds. Just as Ucits rules are being revamped to make these funds more transparent and suitable for retail investors, so are other investment products, notably ETFs…