Tue, Mar 19, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Alternative Market Briefing

More Asian hedge fund managers launch UCITS funds

Wednesday, August 05, 2015

Komfie Manalo, Opalesque Asia:

An increasing number of Asian fund managers are now realizing that alternative UCITS are a compelling proposition and are planning to launch more UCITS funds, said John Lowry, founder of platform provider ML Capital during the inaugural Opalesque Ireland Roundtable.

"We are launching two Asian funds as alternative UCITS," Lowry said and added, "There are actually very, very few Asian products today. Most of the Asian managers have held off, but now they have seen the alternative UCITS as the best way to go, at least for straightforward and liquid strategies."

He added that ML Capital is addressing the company’s thrust to gain its foothold in the Asian alternative marketplace beginning with the launch of the two UCITS funds and hiring experienced teams with very solid track records based in the region.

Lowry explained, "We do think that there is a lot of opportunity, alongside some clear risks in Asia, and therefore you need to have the right hands managing those investments. We think that managed futures and global macro are particularly interesting strategies right now."

He said that in the past, Asian managers might have only really looked to Luxembourg, however this is now changing. Lowry also gives the Irish Funds Association a lot of credit for promoting the case for launching ......................

To view our full article Click here

Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1