Funds
AXA Investment Managers have decided to tap into the burgeoning alternative UCITS market by launching a fund of single
Aberdeen Asset Management is to evolve its MM Multi-Asset Growth fund and broaden its total return remit by targeting the UCITS fund space.
AXA IM has launched the UCITS III-compliant AXA WF Multi Alpha Fund, which provides diversified access to several such single-strategy Newcits funds. AXA IM selects the underlying funds on the basis of their ability to generate alpha and the liquidity of the strategy, and investors benefit from the operational due diligence carried out at a fund of fund level by AXA IM.
The fund’s strategic allocations are continuously monitored to ensure diversification and minimise drawdown risk whilst maximising return, with core allocations to Equity Long Short, Global Macro and CTAs strategies. The fund will focus on investing in strategies that
Investors are anticipating that UCITS III funds will receive more than USD185bn in inflows over the next year, according to a recent survey by Deutsche Bank. Having had a UCITS III Long/SHort equity fund available since 2007, plus several new UCITS III hedge fund strategies in the pipeline, Salus Alpha is well placed to benefit from what could be a doubling in size of the sector over the next year.
“We started the wave of UCITS III hedge funds since we have been the first one to launch a UCITS III Long/Short Equity fund in 2007. When lobbying towards CESR
RAB Capital has launched two new UCITS III funds – the RAB Global Mining and Resources UCITS Fund and the RAB Gold and Precious Equities UCITS Fund. The funds will commence trading on 11 April 2011 with an initial size of USD100m across the two strategies: approximately USD70m (Global Mining and Resources) and USD30m (Gold and Precious Equities).
The RAB Global Mining and Resources fund will be launched with daily liquidity. It will follow the investment strategy of the Cayman-based RAB Global Mining and Resources Fund which has significantly outperformed mining indices since inception in November 2007. It will
New York hedge fund, Act II Capital, has today launched an onshore UCITS version of its equity l/s Act II Capital Fund.
Global credit hedge fund behemoth, CQS, has teamed up with Schroders to launch the Schroder GAIA CQS Credit Fund.
Geneva-headquartered GAM, one of the world’s leading FoHF firms, has launched a UCITS III version of its Trading fund – the GAM Star Trading Fund.
Morgan Stanley is believed to be considering a new UCITS III-compliant fund, to launch in the next few months, to take advantage of opportunities in emerging market
New York-headquartered PerTrac, the global financial software solutions provider to the investment industry, has teamed up with Alix Capital to host its UCITS Alternatives Index.
