Ironshield Capital Management, the London-based long/short event driven hedge fund that trades stressed and distressed European corporate credit, has launched its Ironshield Credit Fund on the MontLake UCITS Platform, with the aim of capitalising on recent credit market dislocations.
The LuxHedge Global Alternative UCITS Index posted a gain of +4.2 per cent over the past year and more than 80 per cent of funds ended the year in positive territory.
Fulcrum Asset Management (Fulcrum) has launched the Fulcrum Risk Premia Fund (UCITS) with USD70 million of initial capital with a further USD1.1 billion in the strategy across a Cayman fund and separately managed accounts.
iM Global Partner, an investment and development platform focused on acquiring strategic investments, and Scharf Investments, an investment firm providing high quality value investment strategies, have launched the iM Scharf US Quality Value fund, the first collaborative UCITS fund between the two firms.
Most Alternative UCITS funds are having a very solid 2019 so far with the LuxHedge Global Alternative UCITS Index posted a tiny gain of +0.06 per cent in October, bringing year-to-date results for the average fund up to +3.22 per cent.
Brown Advisory, a USD76 billion, employee-owned, global investment firm, has launched the Global Leaders Sustainable Fund under its Dublin-UCITS umbrella.
Union Bancaire Privée (UBP) is launching a new a technology-focused long/short strategy on its alternative UCITS platform in partnership with New York-based alternative investment manager Shannon River Capital Management (Shannon River).
Lyxor Asset Management has partnered with Academy Investment Management, a New York based asset management firm, to launch the Lyxor/Academy Quantitative Global UCITS Fund, a systematic market neutral strategy focused on global equity markets.
Alma Capital Investment Management is to acquire DWS’s Hedge Fund UCITS business, which provides investors with access to liquid alternative investment strategies in regulated UCITS funds through the DB Platinum fund range.
iM Global Partner and Polen Capital are now offering Polen Capital’s Global Growth strategy to investors in a UCITS fund hosted by Amundi. The fund seeks to outperform – after applicable fees – the MSCI All Country World Index (ACWI) over any given five-year period.