Weekly UCITS News (Friday)

The Lutetia Patrimoine Fund, a Paris-based Ucits absolute return fund specialising in merger arbitrage, celebrated its first birthday last week with a 26-fold increase in assets under management. »

London-based Trafalgar Capital Management, an alternative asset manager established in 2001, announced this week it was m »

Brevan Howard has announced it has launched its third newcits to partially replicate the performance of the firm’s USD24billion flagship. »

Asian boutique firm, Hamon Asset Management, established by star fund manager Hugh Simon »

London-based Heptagon Capital has announced plans to roll out and distribute a UCITS-III version of the Yacktman US Eq »

Alternative Ucits funds saw a 70 per cent growth in net new flows in 2010 to September, and are on track to finish 2010 with EUR33bn net new inflows.  »

Trafalgar Capital Management, the London based hedge fund manager, has teamed up with industry veteran Chris Poil to launch its first Ucits regulated vehicle, the Trafalgar Quadrant Fund.  »

Skandia Investment Group has added the Liontrust Credit Absolute Return Fund to a number of its portfolios in an investment worth GBP19m. »

A new study produced by HedgeFund Intelligence has found that the returns generated by onshore UCITS are broadly in line with their offshore hedge fund equivalents. »

With UCITS assets in excess of USD5.6trillion and 59 per cent of managers with AUM of USD1billion or more running a UCITS platform (according to a recent Preqin report), Societe Generale has »