Morgan Stanley launches new Ucits-structured fund
Morgan Stanley is launching a new Ucits-structured fund through its FundLogic Alternatives platform, offering exposure to Winton Capital Management’s Diversified Platform.
Morgan Stanley is launching a new Ucits-structured fund through its FundLogic Alternatives platform, offering exposure to Winton Capital Management’s Diversified Platform.
Matthews Asia has launched a Ucits version of its China Dividend Fund, which will invest in growth companies in the expanding Chinese market.
The volume of assets in alternative Ucits strategies reached 82.5bn at the end of the second quarter of this year.
According to the latest figures from EFAMA, Ucits funds experienced huge outflows in June while non-Ucits propositions saw sizeable inflows.
Total assets in Ucits funds fell by 0.8% in May to 5.8bn, while non-Ucits funds saw total assets boosted by 0.7% to 2.3bn, according to latest statistics from the European Fund and Asset Management Association (Efama).
RDR may be the main topic of regulatory conversation but don’t forget Kiids (which started yesterday)…and all the football scores such as Mifid II:Ucits IV…and then there’s FATCA from the US…and AIFMD…and…
70% of industry professionals believe that funds of hedge funds are valid as Ucits vehicles, according to research commissioned by index provider Alix Capital.
GLG has outlined plans to soft close its Pierre Lagrange-led European Equity Alternative Fund, less than a year after it was first launched.
In 2011, investors across Europe redeemed net more than 100bn from Ucits and non-Ucits funds, according to the latest figures from EFAMA.
A newly-established Islamic global asset manager plans to target retail investors in the UK, Europe, the Middle East and Asia, with a Dublin-domiciled, Ucits-compliant fund range.
According to EFAMA’s latest monthly statistics, October shows continued net outflows from Ucits and non-Ucits funds while the value of assets rose slightly.
European Ucits funds saw net outflows more than double from August to September to just short of 50bn, according to the European Fund and Asset Management Association.