The Early Identification of The Crisis in the (Multi-Fund) Sicaf: Between Common Law and Special Rules
Are you already subscribed?
Login to check
whether this content is already included on your personal or institutional subscription.
Abstract
The aim of this essay is to highlight the functional safeguards for the early identification of the crisis in the Italian Fixed Capital Investment Companies (SICAFs), with focus on the umbrella-fund variant. In particular, we will see that both «common» Company Law and «specific» tools must be tailored to each individual sub-fund instead of to the entire company in order to reveal their imbalance which – then – leads to the crisis of the SICAF itself.
Keywords
- Collective Asset Management
- SICAF
- Umbrella-fund
- Crisis
