Funds
UK hedge fund giant, Man Group, has announced the launch of its latest UCITS III offering; the Man Long/Short Europe.
Geneva-based Stigma Partners, the boutique independent asset manager with CHF1.5 billion in AUM, is to launch a new UCITS on 1 October.
London-based Threadneedle has decided to launch the Absolute Emerging Market Macro Fund for its head of emerging market debt, Richard House reports Citywire Global.
Fund manager Threadneedle has launched the Threadneedle (Lux) Absolute Emerging Market Macro Fund.
The fund is for investors who want to tap into opportunities in emerging market debt and currencies, whilst benefiting from the increased flexibility of a Ucits III structure.
The lead manager on the fund will be Richard House, head of emerging market debt at Threadneedle. House has 15 years’ experience in emerging markets investment and three years’ hedge fund experience.
The fund will aim to achieve a positive absolute return of 7.5 to 12.5 per cent on an annualised basis on a long term investment horizon and
Man has launched a Ucits III long/short equity fund called Man Long/Short Europe.
The fund will be managed by Man’s long/short equity team led by Robin Lowe.
It offers investors access to a number of offshore European long/short equity managers in a Ucits III compliant format for the first time.
It is a fund of funds with a focused portfolio of between eight and 12 managers. A due diligence process comprising top down and bottom up research is employed to ensure that only the highest calibre managers are selected.
Managers are selected from the full European long/short universe of over
Stigma Partners is launching the Stigma Funds (LUX) – Macro Cyclical Accumulator on 1 October.
Stigma says the fund is an alternative proposition to the turmoil currently facing the global economy.
Siamak Siassi, chief executive of Stigma Partners, says: “We decided to launch this new fund to meet the growing demand for a product structured in fund format reflecting our innovative investment concept so far only available in managed accounts. This new fund will broaden our product offering further while allowing a wider base of investors to benefit from our expertise.”
Capital preservation and wealth accumulation are the key values
These are busy times for UK-based hedge fund manager, Reech AiM.
Following the successful launch of its UCITS Montlake Platform, ML Capital Asset Management has onboarded the Cl
Long-term UCITS enjoyed a healthy inflow of EUR16 billion for July, with total UCITS net inflows increasing by EUR5.4 billion to help reverse the EUR31 billion
GLG Partners announced this week that it was re-opening its GLG Alpha Select newcits to additional, limited investment having seen strong take-up by investors since it was launched in
