Weekly UCITS News (Friday)

Société Générale Securities Services (SGSS) announced at this week’s Fund Forum International the launch of a turnkey solution to enable asset management companies and independent managers to create, manage and promote Ucits funds. SSGS said that the solution was aimed at global managers who don’t want to create a Ucits-registered asset management firm, instead providing them with a Luxembourg legal structure that fulfills EU regulations. The turnkey solution allows managers to create and distribute Ucits funds across all 27 members of the EU as well as offer distribution advantages in non-EU jurisdictions. »

After a first investment in the credit strategy offered by Eiffel Investment Group in last May, Emergence has made its second seeding partnership with Bernheim, Dreyfus & Co. »

This week the UK Financial Services Authority (FSA) announced that it had modified its rules on the provision of the key investor information document (KIID), required to »

Mike Corcell (pictured), manager of the RWC US Absolute Alpha fund, highlights four reasons why investors should be looking to the US for signs of recovery and improving opportunities for equity markets… »

April saw a distinct drop in UCITS net inflows according to the latest fact sheet released by the European Fund and Asset Management Association (EFAMA). »

The DB Platinum IV dbX Millburn Multi-Markets Index Fund (the fund), a UCITS-compliant version of the Millburn Ridgefield Corporation (Millburn) Multi-Markets trading program, has improved liquidity terms and now offers daily dealing. »

Key Investor Information becomes a reality in twenty days – and this is just the start. Martin Bock (pictured), Senior Manager, Funds Segment Strategy at RBC Dexia, comments… »

Aquila Capital's AC Spectrum Fund has achieved convincing returns since its launch one year ago. With assets under management (AUM) of over EUR 180 million, the Fund has been one of the fastest growing alternative UCITS funds and ranks amongst the largest alternative funds in the UCITS universe.  »

TOBAM, the Paris-based asset management firm established by Yves Choueifaty and colleagues in 2006 as the Quantitative Asset Management Group within Lehman Brothers »

This week Daniele Haefele, CEO of Acolin, the Zurich-based independent fund distribution provider, talked to Hedgeweek about distribution opportunities in Switzerland. »