{"id":38893,"date":"2013-04-22T17:22:04","date_gmt":"2013-04-22T15:22:04","guid":{"rendered":"https:\/\/sg.admk-dev.de\/financial-times-giegold-promises-to-polish-ucits-label-i-did-not-backpedal\/"},"modified":"2013-04-22T17:22:04","modified_gmt":"2013-04-22T15:22:04","slug":"financial-times-giegold-promises-to-polish-ucits-label-i-did-not-backpedal","status":"publish","type":"post","link":"https:\/\/sven-giegold.de\/en\/financial-times-giegold-promises-to-polish-ucits-label-i-did-not-backpedal\/","title":{"rendered":"Financial Times: Giegold promises to polish Ucits label &#038; \u2018I did not backpedal\u2019"},"content":{"rendered":"<h3><a href=\"http:\/\/www.ft.com\/cms\/s\/0\/ea8de79a-a837-11e2-8e5d-00144feabdc0.html\">Giegold promises to polish Ucits label<\/a><\/h3>\n<p>By Ruth Sullivan<\/p>\n<p>Green MEP Sven Giegold is intent on improving the image of the <a href=\"http:\/\/www.ft.com\/cms\/s\/0\/43514198-a369-11e2-8f9c-00144feabdc0.html\">Ucits<\/a> brand, which he suggests has become tarnished in some parts of the world.<\/p>\n<p>\u201cIn Asia, regulators say they do not trust Ucits as a retail brand any more. That is very bad,\u201d he told FTfm.<\/p>\n<p>Singapore and Hong Kong regulators are questioning whether Ucits funds still deliver what they promise, Mr Giegold added.<\/p>\n<p>His comments come as <a href=\"http:\/\/www.ft.com\/cms\/s\/0\/78d1a1e0-edfd-11e1-a9d7-00144feab49a.html\">European regulators thrash out which assets and types of exposure should be grouped together under the Ucits<\/a> umbrella. The aim is to introduce more transparency and simplicity by classifying funds as complex or non-complex through upcoming reforms to the Ucits directive.<\/p>\n<p>The campaigning politician, who is steering <a href=\"http:\/\/www.ft.com\/cms\/s\/0\/80b4c4a4-8eee-11e2-a39b-00144feabdc0.html\">pay curb proposals for fund managers through the European Parliament<\/a> as part of Ucits V reforms, wants to protect the label\u2019s reputation.<\/p>\n<p>He believes the lack of trust stems from the pre-crisis practice of \u201callowing anything\u201d to be put under the Ucits label, such as more complex hedge-fund-like vehicles. They have introduced more risk taking, \u201cendangering the success of the Ucits market\u201d.<\/p>\n<p>But Hong-Kong based Mark Konyn, chief executive of Cathay Conning Asset Management, said the Ucits brand is still respected.<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/sven-giegold.de\/wp-content\/uploads\/2013\/04\/e2b38bb2-a966-11e2-a096-00144feabdc0.img_.jpeg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft  wp-image-12177\" style=\"margin: 10px;\" alt=\"e2b38bb2-a966-11e2-a096-00144feabdc0.img\" src=\"https:\/\/sven-giegold.de\/wp-content\/uploads\/2013\/04\/e2b38bb2-a966-11e2-a096-00144feabdc0.img_.jpeg\" width=\"180\" height=\"277\" srcset=\"https:\/\/sven-giegold.de\/wp-content\/uploads\/2013\/04\/e2b38bb2-a966-11e2-a096-00144feabdc0.img_.jpeg 300w, https:\/\/sven-giegold.de\/wp-content\/uploads\/2013\/04\/e2b38bb2-a966-11e2-a096-00144feabdc0.img_-260x400.jpeg 260w\" sizes=\"auto, (max-width: 180px) 100vw, 180px\" \/><\/a><\/p>\n<h3><a href=\"http:\/\/www.ft.com\/intl\/cms\/s\/0\/82fed7ba-a74c-11e2-9fbe-00144feabdc0.html#axzz2RCl19utx\" target=\"_blank\" rel=\"noopener noreferrer\">\u2018I did not backpedal\u2019<\/a><\/h3>\n<p>By Ruth Sullivan<\/p>\n<p>Fund managers could be forgiven for believing Green MEP <a href=\"http:\/\/www.ft.com\/cms\/s\/0\/f9c9c664-931c-11e2-9593-00144feabdc0.html\">Sven Giegold<\/a> is the newest scourge of the industry.<\/p>\n<p>&nbsp;<\/p>\n<p>Last month the campaigning German politician, who is leading negotiations to extend pay curbs for bankers to fund managers, steered proposals through the European Parliament\u2019s economic and monetary affairs committee aimed at <a href=\"http:\/\/www.ft.com\/cms\/s\/0\/80b4c4a4-8eee-11e2-a39b-00144feabdc0.html\">capping asset managers\u2019 bonuses<\/a> at 100 per cent of their salary \u2013 the first step in a long process to EU-wide legislation.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>Does the outspoken politician worry about becoming the enemy of the industry? He shrugs off such suggestions during a recent interview at the EU parliament in Brussels.<\/p>\n<p>\u201cI want more prudence [on pay and bonuses] in the industry,\u201d he says. Most people, including his voters, think there is a \u201cparallel universe\u201d when it comes to pay structures within financial services compared with other sectors, such as manufacturing, he believes.<\/p>\n<p>\u201cEveryone accepts that the culture of maximising income or maximising profits in this field [financial services] has created a strong appetite for risk,\u201d he says.<\/p>\n<p>\u201cOf course the ones who will be capped will not like it,\u201d Mr Giegold adds. But he continues: \u201cIf you talk to individuals in the industry, they are quite ashamed by some of this and they also understand that we are building investors\u2019 trust, which is important for capital markets.\u201d<\/p>\n<p>When asked if he has run into strong opposition from the asset management industry on the proposed bonus cap, he says no. Surprisingly he says he has encountered \u201clittle\u201d lobbying. \u201c[But] of course I talked to everybody \u2013 to the different fund industry groups \u2013 about the process. You cannot make laws for a sector without talking to them,\u201d he points out.<\/p>\n<p>While mindful of having a fair and open consultation process, Mr Giegold is quick to highlight that the financial services industry faces caps because it failed to regulate itself.<\/p>\n<p>He believes the pay curbs are far from draconian. He describes them as \u201climited\u201d, pointing out that if these rules are not accepted, the market \u201ccould end up with far less liberal ones\u201d.<\/p>\n<p>In the short time since the proposals were steered through the European parliament\u2019s economic and monetary affairs committee, the <a href=\"http:\/\/www.ft.com\/cms\/s\/0\/02bf98e0-9645-11e2-b8dd-00144feabdc0.html\">MEP has already been reported to have softened his stance on pay curbs for asset managers,<\/a> doubling the bonus-to-salary ratio from 100 per cent to 200 per cent if the majority of shareholders agree.<\/p>\n<p>But Mr Giegold is having none of this. \u201cI did not backpedal &#8230; I have not changed my position at all.\u201d He maintains he always wanted the same pay restrictions for fund managers as for bankers in order to create a level playing field.<\/p>\n<p>Moving on to the issue of why the pay curbs should be inserted into reforms for Ucits funds, an investment product that can be sold across EU borders, Mr Giegold suggests it is the obvious place for such reforms.<\/p>\n<p>\u201cThe European Commission has decided remuneration is a key issue of Ucits V. These issues are linked to remuneration and belong within the Ucits V directive,\u201d he says.<\/p>\n<p>He does not believe the pay restrictions will damage the Ucits brand. \u201cIf there is a good regulatory framework [in place], it will increase investors\u2019 trust and this is absolutely critical when it comes to asset management,\u201d he says, adding that there are far too many evasive arguments within the industry aimed at \u201ccircumventing\u201d legislation.<\/p>\n<p>He hopes the European Council will vote on the proposals next month. However, he thinks this may be an optimistic time span as \u201cthe council has not even started to decide on its position [yet]\u201d.<\/p>\n<p>Another proposal he is driving \u2013 which he hopes will become part of the Ucits reforms \u2013 is to impose penalties on fund managers that charge high fees but deliver mediocre or poor performance.<\/p>\n<p>Fund managers do not calculate their performance fees fairly, he says. If fund managers want to charge a \u201cperformance bonus\u201d when the stock market goes up, they should also reduce their fees when it goes down.<\/p>\n<p>He is also keen to ensure fund managers use \u201cproperly constructed\u201d benchmarks with which to measure their performance. \u201cWe have seen examples where the portfolio entailed [more] risks than the benchmark and so that it was easy to beat.\u201d<\/p>\n<p>He adds: \u201cWe received quite a lot of applause for these rules \u2013 much of it from the industry.\u201d<\/p>\n<p>Mr Giegold did not follow the usual route into politics, which he entered in 2009 following stints at non-governmental organisations. He co-founded both the German branch of Attac, the global justice network that campaigned for a financial transaction tax, and the London-based arm of the Tax Justice Network, which opposes tax evasion and avoidance.<\/p>\n<p>Both groups helped to shape his current focus, a focus that includes taxing financial income, protecting consumers from rogue financial products and, on a broader basis, seeing to it that rules affecting financial services are implemented properly, all of which he describes as his \u201cpet projects\u201d.<\/p>\n<p>One of these is the roll out of a <a href=\"http:\/\/www.ft.com\/cms\/s\/0\/3160b3a8-a2c7-11e2-9b70-00144feabdc0.html\">Europe-wide framework for sharing tax information<\/a>, aimed at curtailing tax evasion. Over the past two weeks, six of the largest EU countries have agreed to the initiative \u2013 which is based on the US Foreign Account Tax Compliance Act. More countries are expected to follow.<\/p>\n<p>The breakthrough has delighted Mr Giegold, who says efforts to organise a crackdown in the EU are now \u201cmainstream\u201d. While a global effort to stamp out tax evasion would be even more welcome, he recognises it may take some time.<\/p>\n<p>Waiting for a global directive is like \u201cwaiting for Godot\u201d, he says.<\/p>\n<p>On a more playful note, the energetic MEP recently launched a competition to identify Europe\u2019s most dangerous financial product, with an eye to flagging it up at regulatory level.<\/p>\n<p>Agricultural funds, a hot topic of public concern and often viewed as a way to speculate on food prices, won the title. An investment product linked to oil sands took the number-two spot.<\/p>\n<p>So what is the next initiative on Mr Giegold\u2019s list? Not much, as he still has a lot to do with what he has undertaken, he says.<\/p>\n<p>\u201cI will watch very carefully what will happen with Ucits VI legislation.\u201d There is still much to be done on this front, he warns.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Giegold promises to polish Ucits label By Ruth Sullivan Green MEP Sven Giegold is intent on improving the image of the Ucits brand, which he suggests has become tarnished in some parts of the world. \u201cIn Asia, regulators say they do not trust Ucits as a retail brand any more. That is very bad,\u201d he [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-38893","post","type-post","status-publish","format-standard","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Financial Times: Giegold promises to polish Ucits label &amp; \u2018I did not backpedal\u2019 - Sven Giegold<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sven-giegold.de\/en\/financial-times-giegold-promises-to-polish-ucits-label-i-did-not-backpedal\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Financial Times: Giegold promises to polish Ucits label &amp; \u2018I did not backpedal\u2019 - Sven Giegold\" \/>\n<meta property=\"og:description\" content=\"Giegold promises to polish Ucits label By Ruth Sullivan Green MEP Sven Giegold is intent on improving the image of the Ucits brand, which he suggests has become tarnished in some parts of the world. \u201cIn Asia, regulators say they do not trust Ucits as a retail brand any more. That is very bad,\u201d he [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/sven-giegold.de\/en\/financial-times-giegold-promises-to-polish-ucits-label-i-did-not-backpedal\/\" \/>\n<meta property=\"og:site_name\" content=\"Sven Giegold\" \/>\n<meta property=\"article:published_time\" content=\"2013-04-22T15:22:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/sven-giegold.de\/wp-content\/uploads\/2013\/04\/e2b38bb2-a966-11e2-a096-00144feabdc0.img_.jpeg\" \/>\n<meta name=\"author\" content=\"Sven\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@sven_giegold\" \/>\n<meta name=\"twitter:site\" content=\"@sven_giegold\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Sven\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/sven-giegold.de\/en\/financial-times-giegold-promises-to-polish-ucits-label-i-did-not-backpedal\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/sven-giegold.de\/en\/financial-times-giegold-promises-to-polish-ucits-label-i-did-not-backpedal\/\"},\"author\":{\"name\":\"Sven\",\"@id\":\"https:\/\/sven-giegold.de\/en\/#\/schema\/person\/c15820a9b38397691b108b335c05b9ac\"},\"headline\":\"Financial Times: Giegold promises to polish Ucits label &#038; \u2018I did not backpedal\u2019\",\"datePublished\":\"2013-04-22T15:22:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/sven-giegold.de\/en\/financial-times-giegold-promises-to-polish-ucits-label-i-did-not-backpedal\/\"},\"wordCount\":1265,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/sven-giegold.de\/en\/#\/schema\/person\/c15820a9b38397691b108b335c05b9ac\"},\"image\":{\"@id\":\"https:\/\/sven-giegold.de\/en\/financial-times-giegold-promises-to-polish-ucits-label-i-did-not-backpedal\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/sven-giegold.de\/wp-content\/uploads\/2013\/04\/e2b38bb2-a966-11e2-a096-00144feabdc0.img_.jpeg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/sven-giegold.de\/en\/financial-times-giegold-promises-to-polish-ucits-label-i-did-not-backpedal\/\",\"url\":\"https:\/\/sven-giegold.de\/en\/financial-times-giegold-promises-to-polish-ucits-label-i-did-not-backpedal\/\",\"name\":\"Financial Times: Giegold promises to polish Ucits label & \u2018I did not backpedal\u2019 - Sven Giegold\",\"isPartOf\":{\"@id\":\"https:\/\/sven-giegold.de\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/sven-giegold.de\/en\/financial-times-giegold-promises-to-polish-ucits-label-i-did-not-backpedal\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/sven-giegold.de\/en\/financial-times-giegold-promises-to-polish-ucits-label-i-did-not-backpedal\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/sven-giegold.de\/wp-content\/uploads\/2013\/04\/e2b38bb2-a966-11e2-a096-00144feabdc0.img_.jpeg\",\"datePublished\":\"2013-04-22T15:22:04+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/sven-giegold.de\/en\/financial-times-giegold-promises-to-polish-ucits-label-i-did-not-backpedal\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/sven-giegold.de\/en\/financial-times-giegold-promises-to-polish-ucits-label-i-did-not-backpedal\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/sven-giegold.de\/en\/financial-times-giegold-promises-to-polish-ucits-label-i-did-not-backpedal\/#primaryimage\",\"url\":\"https:\/\/sven-giegold.de\/wp-content\/uploads\/2013\/04\/e2b38bb2-a966-11e2-a096-00144feabdc0.img_.jpeg\",\"contentUrl\":\"https:\/\/sven-giegold.de\/wp-content\/uploads\/2013\/04\/e2b38bb2-a966-11e2-a096-00144feabdc0.img_.jpeg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/sven-giegold.de\/en\/financial-times-giegold-promises-to-polish-ucits-label-i-did-not-backpedal\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/sven-giegold.de\/en\/startpage\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Financial Times: Giegold promises to polish Ucits label &#038; \u2018I did not backpedal\u2019\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/sven-giegold.de\/en\/#website\",\"url\":\"https:\/\/sven-giegold.de\/en\/\",\"name\":\"Sven Giegold\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/sven-giegold.de\/en\/#\/schema\/person\/c15820a9b38397691b108b335c05b9ac\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/sven-giegold.de\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":[\"Person\",\"Organization\"],\"@id\":\"https:\/\/sven-giegold.de\/en\/#\/schema\/person\/c15820a9b38397691b108b335c05b9ac\",\"name\":\"Sven\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/sven-giegold.de\/en\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/sven-giegold.de\/wp-content\/uploads\/2019\/05\/SvenGiegold_byDominikButzmann_50pc-scaled.jpg\",\"contentUrl\":\"https:\/\/sven-giegold.de\/wp-content\/uploads\/2019\/05\/SvenGiegold_byDominikButzmann_50pc-scaled.jpg\",\"width\":2560,\"height\":1708,\"caption\":\"Sven\"},\"logo\":{\"@id\":\"https:\/\/sven-giegold.de\/en\/#\/schema\/person\/image\/\"},\"sameAs\":[\"https:\/\/sven-giegold.de\"],\"url\":\"https:\/\/sven-giegold.de\/en\/author\/sven\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Financial Times: Giegold promises to polish Ucits label & \u2018I did not backpedal\u2019 - Sven Giegold","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/sven-giegold.de\/en\/financial-times-giegold-promises-to-polish-ucits-label-i-did-not-backpedal\/","og_locale":"en_US","og_type":"article","og_title":"Financial Times: Giegold promises to polish Ucits label & \u2018I did not backpedal\u2019 - Sven Giegold","og_description":"Giegold promises to polish Ucits label By Ruth Sullivan Green MEP Sven Giegold is intent on improving the image of the Ucits brand, which he suggests has become tarnished in some parts of the world. \u201cIn Asia, regulators say they do not trust Ucits as a retail brand any more. That is very bad,\u201d he [&hellip;]","og_url":"https:\/\/sven-giegold.de\/en\/financial-times-giegold-promises-to-polish-ucits-label-i-did-not-backpedal\/","og_site_name":"Sven Giegold","article_published_time":"2013-04-22T15:22:04+00:00","og_image":[{"url":"https:\/\/sven-giegold.de\/wp-content\/uploads\/2013\/04\/e2b38bb2-a966-11e2-a096-00144feabdc0.img_.jpeg","type":"","width":"","height":""}],"author":"Sven","twitter_card":"summary_large_image","twitter_creator":"@sven_giegold","twitter_site":"@sven_giegold","twitter_misc":{"Written by":"Sven","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/sven-giegold.de\/en\/financial-times-giegold-promises-to-polish-ucits-label-i-did-not-backpedal\/#article","isPartOf":{"@id":"https:\/\/sven-giegold.de\/en\/financial-times-giegold-promises-to-polish-ucits-label-i-did-not-backpedal\/"},"author":{"name":"Sven","@id":"https:\/\/sven-giegold.de\/en\/#\/schema\/person\/c15820a9b38397691b108b335c05b9ac"},"headline":"Financial Times: Giegold promises to polish Ucits label &#038; \u2018I did not backpedal\u2019","datePublished":"2013-04-22T15:22:04+00:00","mainEntityOfPage":{"@id":"https:\/\/sven-giegold.de\/en\/financial-times-giegold-promises-to-polish-ucits-label-i-did-not-backpedal\/"},"wordCount":1265,"commentCount":0,"publisher":{"@id":"https:\/\/sven-giegold.de\/en\/#\/schema\/person\/c15820a9b38397691b108b335c05b9ac"},"image":{"@id":"https:\/\/sven-giegold.de\/en\/financial-times-giegold-promises-to-polish-ucits-label-i-did-not-backpedal\/#primaryimage"},"thumbnailUrl":"https:\/\/sven-giegold.de\/wp-content\/uploads\/2013\/04\/e2b38bb2-a966-11e2-a096-00144feabdc0.img_.jpeg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/sven-giegold.de\/en\/financial-times-giegold-promises-to-polish-ucits-label-i-did-not-backpedal\/","url":"https:\/\/sven-giegold.de\/en\/financial-times-giegold-promises-to-polish-ucits-label-i-did-not-backpedal\/","name":"Financial Times: Giegold promises to polish Ucits label & \u2018I did not backpedal\u2019 - Sven Giegold","isPartOf":{"@id":"https:\/\/sven-giegold.de\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/sven-giegold.de\/en\/financial-times-giegold-promises-to-polish-ucits-label-i-did-not-backpedal\/#primaryimage"},"image":{"@id":"https:\/\/sven-giegold.de\/en\/financial-times-giegold-promises-to-polish-ucits-label-i-did-not-backpedal\/#primaryimage"},"thumbnailUrl":"https:\/\/sven-giegold.de\/wp-content\/uploads\/2013\/04\/e2b38bb2-a966-11e2-a096-00144feabdc0.img_.jpeg","datePublished":"2013-04-22T15:22:04+00:00","breadcrumb":{"@id":"https:\/\/sven-giegold.de\/en\/financial-times-giegold-promises-to-polish-ucits-label-i-did-not-backpedal\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/sven-giegold.de\/en\/financial-times-giegold-promises-to-polish-ucits-label-i-did-not-backpedal\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/sven-giegold.de\/en\/financial-times-giegold-promises-to-polish-ucits-label-i-did-not-backpedal\/#primaryimage","url":"https:\/\/sven-giegold.de\/wp-content\/uploads\/2013\/04\/e2b38bb2-a966-11e2-a096-00144feabdc0.img_.jpeg","contentUrl":"https:\/\/sven-giegold.de\/wp-content\/uploads\/2013\/04\/e2b38bb2-a966-11e2-a096-00144feabdc0.img_.jpeg"},{"@type":"BreadcrumbList","@id":"https:\/\/sven-giegold.de\/en\/financial-times-giegold-promises-to-polish-ucits-label-i-did-not-backpedal\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/sven-giegold.de\/en\/startpage\/"},{"@type":"ListItem","position":2,"name":"Financial Times: Giegold promises to polish Ucits label &#038; \u2018I did not backpedal\u2019"}]},{"@type":"WebSite","@id":"https:\/\/sven-giegold.de\/en\/#website","url":"https:\/\/sven-giegold.de\/en\/","name":"Sven Giegold","description":"","publisher":{"@id":"https:\/\/sven-giegold.de\/en\/#\/schema\/person\/c15820a9b38397691b108b335c05b9ac"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/sven-giegold.de\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":["Person","Organization"],"@id":"https:\/\/sven-giegold.de\/en\/#\/schema\/person\/c15820a9b38397691b108b335c05b9ac","name":"Sven","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/sven-giegold.de\/en\/#\/schema\/person\/image\/","url":"https:\/\/sven-giegold.de\/wp-content\/uploads\/2019\/05\/SvenGiegold_byDominikButzmann_50pc-scaled.jpg","contentUrl":"https:\/\/sven-giegold.de\/wp-content\/uploads\/2019\/05\/SvenGiegold_byDominikButzmann_50pc-scaled.jpg","width":2560,"height":1708,"caption":"Sven"},"logo":{"@id":"https:\/\/sven-giegold.de\/en\/#\/schema\/person\/image\/"},"sameAs":["https:\/\/sven-giegold.de"],"url":"https:\/\/sven-giegold.de\/en\/author\/sven\/"}]}},"_links":{"self":[{"href":"https:\/\/sven-giegold.de\/en\/wp-json\/wp\/v2\/posts\/38893","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sven-giegold.de\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sven-giegold.de\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sven-giegold.de\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/sven-giegold.de\/en\/wp-json\/wp\/v2\/comments?post=38893"}],"version-history":[{"count":0,"href":"https:\/\/sven-giegold.de\/en\/wp-json\/wp\/v2\/posts\/38893\/revisions"}],"wp:attachment":[{"href":"https:\/\/sven-giegold.de\/en\/wp-json\/wp\/v2\/media?parent=38893"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sven-giegold.de\/en\/wp-json\/wp\/v2\/categories?post=38893"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sven-giegold.de\/en\/wp-json\/wp\/v2\/tags?post=38893"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}