Weekly UCITS News (Friday)

Thirty eight per cent of respondents believe investment consultants are behind the curve when it comes to advising their clients on the Ucits hedge fund sector, according to a survey by Alix Capital, the Geneva-based provider of the Ucits Alternatives Index (UAI) family of indices. »

Bank of America Merrill Lynch has added New York-based manager Van Eck to its dedicated UCITS compliant fund platform, Merrill Lynch Investment Solutions (MLIS). »

Crispen Odey is planning to launch a multi-asset fund – Odey Swan fund – next month, investing in equities, bonds and currencies, reported FTAdviser this week. The UCITS fund will replicate Odey Asset Management’s flagship European hedge fund and is currently awaiting approval in Ireland. »

Muzinich & Co, the New York-based credit specialist is planning to launch a UCITS version of its Credit Opportunities Fund, managed by Mick McEachern, in Q2 this year. As reported by portfolio adviser, the “go anywhere” strategy was seeded in the US last month. »

Morgan Stanley this week announced the launch of a new fund on its dedicated UCITS platform, FundLogic Alternatives plc that gives investors exposure to Winton Capital Management’s Diversified Program. »

ML Capital Asset Management, the investment manager and promoter of the MontLake Ucits Platform, has published the ninth edition of the quarterly ML Capital Alternative Ucits Barometer. »

More than half the inflows into UCITS hedge funds (56 per cent, EUR13.2billion) went into fixed income strategies during 2012 according to the latest quarterly European research paper published by Alix Capital, provider of the UCITS Alternative Index. »

More than half the inflows into Ucits hedge funds (EUR13.2bn) were allocated to fixed income strategies during 2012, followed by macro strategies (EUR5.8bn), according to data released by Alix Capital. »

Overall alternative Ucits strategies delivered solid performances in 2012, but managed futures struggled to keep up, according to the Q4 Alceda Quarterly Ucits review from Alceda Fund Management. »

Bond behemoth PIMCO has launched the GIS Income Fund to be managed by Dan Ivascyn, managing director and head of the mortgage credit portfolio management team, and Alfred Murata, executive vice president and the mortgage credit team’s portfolio manager. »