Managers
Fitch Ratings said in a recent report that uncertain market liquidity or the inability to fully deploy leverage may make some credit hedge fund-like strategies less than compatible with a UCITS structure. The agency says many credit hedge fund strategies are now largely available in a UCITS format (commonly referred to as NewCits).
Fitch estimates that the total assets under management (AuM) of European credit UCITS funds, which have an absolute return objective and employ hedge fund strategies, is approximately EUR20bn.
The attractiveness of promised de-correlated credit returns and the safety of a regulated format have driven the growth
Aquila Capital has launched a new, UCITS compliant CTA fund to the UK market. The AC Spectrum Fund is a liquid futures fund and is one of the first of its kind to offer daily rather than weekly liquidity.
The new fund is a fully systematic trend follower that targets a return of 18% to 20% per year with 15% volatility. The AC Spectrum Fund has shown strong performance in 2011. In the month of August the fund returned 9.88%, with a return of 9.44% since inception¹.
The fund exploits a number of proprietary, rule based strategies that have
Major market dislocations in August, as investors pulled risk firmly off the table by dumping equity positions on the back of ongoing economic woes, meant that UCITS
AXA Investment Managers has added to its family of bond funds by launching a Europe-focused short duration bond fund.
Bank of America Merrill Lynch this week announced the launch of three new funds on its award-winning MLIS platform.
Paris-based multi-specialist asset manager UFG-LFP has added some flavour to the UCITS space by launching a fund combining wine with real estate reported Citywire Global this week.
Natixis Global Asset Management (NGAM) has acquired a controlling interest in Darius Capital Partners.
Founded in 2004 by Reza Ghodsi, president and managing partner, and Mathieu Klein, chief executive officer and managing partner, Darius is an investment advisory and research firm that provides customised hedge fund solutions to address institutional investors’ growing needs for transparency, liquidity and risk management. Darius chooses from a flexible and broad range of products, including UCITs, managed accounts, hedge funds, fund of funds, hedge fund replicators and alternative ETFs to deliver alternative investment solutions to its clients. Darius is headquartered in Paris with offices
US law firm Dechert LLP released a note today on news that the Chilean Pensions Regulator, Comision Clasificadora de Riesgo (CCR), has decided to disapprove Irish-domiciled UCITS for
London-based RiverCrest Capital, a recently established absolute return-focused investment manager, has signed its first two teams with plans to launch funds
Stockholm-based RPM Risk & Portfolio Management AB, who specialize in running CTA and global macro strategies, have received approval from Luxembourg&rsqu
