Weekly UCITS News (Friday)

Universal-Investment and New York-based hedge fund specialist York Asset Management have launched an absolute return fund, The York Lion Merger Arbitrage Liquidity Fund UI. »

Jabre Capital Partners, the Geneva-based hedge fund manager established by Philippe Jabre in 2006, has established a Luxembourg domiciled Ucits umbrella, JabCap (Lux), with one sub-fund, JabCap (Lux) - Global Balanced.  »

Swiss-based Salus Alpha Group, the vanguard of Ucits fund development since it was established in 2001, is attracting institutional investors in Asia, helped by the fact t »

A survey by London-based KDK Asset Management has found that the vast majority of FoHF managers are heading down the Ucits road, despite their poor performance this year (-0.83 per cent YTD) »

US banking giant J.P.Morgan has rolled out a new multi-strategy newcits fund, following its soft launch last month. »

Luxembourg-based Reech AIM is set to slide out a first-in-class newcits real estate fund, the Glacier fund, on the back o »

Latest figures released by the UCITS Alternative Index Global show that it climbed +0.53 per cent last month, yielding an overall figure of -0.28% YTD. »

The Luxembourg government this week approved the draft bill on UCITS IV, ahead of its proposed introduction in July 2011. »

The Committee of European Securities Regulators (Cesr) has released a series of guidelines on how to calculate risk under Ucits IV, reports Hedgefund Review. »

US-based Apex Fund Services, a global fund administration firm, has opened an office in Luxembourg to help service its gr »