Fri, Apr 28, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Morgan Stanley and Indus launch UCITS III long/short equity fund

Wednesday, January 19, 2011
Opalesque Industry Update – Morgan Stanley (NYSE: MS) announced the launch of a new fund under its Ucits Irish umbrella, FundLogic Alternatives. The new fund will be managed by Indus Capital Partners LLC and will offer access to a long/short equity strategy focused on the Asia Pacific region. This is the fifth Ucits fund that Morgan Stanley has launched to date.

David Armstrong, Managing Director and Global Head of Fund Linked business at Morgan Stanley commented, “Asia offers some of the most exciting investment opportunities for a long/short equity strategy. We are very pleased to launch our first long/short Ucits fund specialized in this region with Indus Capital. Indus has one of the longest track record of alpha generation in the Asia Pacific region. This new fund is an important addition to Morgan Stanley’s rapidly growing Ucits platform.”

Commenting on the launch, Indus Capital said: “Asian markets are inherently inefficient and are therefore an excellent backdrop for long/short strategies. Since we founded Indus in 2000, we have been developing an investment process which we believe can yield positive returns in difficult markets, and strongly positive returns in stock-friendly markets, yielding an attractive return profile over a given cycle. We are delighted to join forces with Morgan Stanley for the launch of our first Ucits fund. We chose Morgan Stanley for the extensive operational and risk management infrastructure the Firm provides through its platform.”

It can offer both Ucits and non-Ucits Funds on a global basis. The platform delivers fund solutions to clients by combining the financial expertise, innovation and resources of Morgan Stanley and offers a range of products including simple Index Funds, Structured Funds and the more recently launched Third Party managers Ucits Funds.

Fund Details:

Fund Name: Indus PacifiChoice Asia Fund
Umbrella Fund: FundLogic Alternatives Plc
Funds domicile: Ireland
Investment Manager: Indus Capital Parners LLC
Promoter: Morgan Stanley & Co International Plc
Dealing : Weekly dealing
Custodian: Northern Trust Fiduciary Services (Ireland) Limited
Administrator: Northern Trust International Fund Administration Services (Ireland) Ltd
Contact : fundlogic-ir@morganstanley.com

(press release)

kb

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: Ex-Man manager combines sustainable investing with AI/ML[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Dr. Richard Bateson, quant fund manager and physicist, has recently

  2. Hedge funds holding Puerto Rico bonds are looking at a long battle[more]

    Komfie Manalo, Opalesque Asia: Hedge funds which bought Puerto Rico's distressed debt bonds are facing the prospect of a long road ahead to recover their investments as the Caribbean island is attempting to use a U.S. Congress-approved rule that allows it to exploit a bankruptcy-like proceedings

  3. Other Voices: "Winner-take-all" dynamics and hedge fund investing[more]

    A growing stream of thinking in microeconomics is the concept of "winner-take-all" dynamics. The idea seems simple. A combination of networking economics and classic economies of scale creates situations where there are just a few dominant firms or economic agents who are able to capture significant

  4. Investing - How Chipotle's comeback attracted big data robots and value investors alike[more]

    From Forbes.com: When William Ackman's ailing hedge fund Pershing Square Capital Management bet $1 billion on shares in Chipotle Mexican Grill beginning in July 2016, the stakes couldn't have been higher. Pershing Square was reeling from what would eventually be a near $4 billion loss in drugmaker V

  5. Service Providers - Colemore launches fee tracking service for limited partners[more]

    Following Colmore's successful launch in January 2017, the firm has announced the launch of FAIR.. FAIR is designed to help private equity investors independently validate fees and incentives charged by underlying managers, saving time and providing an extra level of comfort. There is a glob