Brussels, 02/07/2010 (Agence Europe) - On Thursday 1 July 2010, the European Commission introduced a raft of improvements to the EU rules on investment funds known as UCITS (Undertakings for Collective Investment in Transferable Securities). The new rules are set out in two directives and two regulations and will empower investors by requiring a new standardised fund document, while also setting out in detail the high standards of conduct of business that UCITS fund managers must comply...