Wed, Oct 7, 2015
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Pan Reliance Capital Advisors to launch weekly dealing alternative fund of funds in UCITS format

Thursday, April 26, 2012
Opalesque Industry Update: In response to investor demand, Pan Reliance Capital Advisors is preparing to launch a multi- strategy Fund of Funds pursuing alternative investment strategies under the guidelines of UCITS (Undertakings for 1 Collective Investment in Transferable Securities). The new portfolio will be managed in a similar fashion to the firm’s existing offshore multi-strategy funds, but will offer weekly liquidity upon five business days’ notice. Early investors will have the opportunity to invest in a designated share class with preferred economics.

Shares in the UCITS vehicle will be offered for sale in Europe and Asia by Andbanc Asset Management Luxembourg, a leading provider of alternative UCITS products. Shares will not be offered in the United States or to United States persons.

“This new product offering aims to help our investors capitalize on the secular trends we are currently seeing in the hedge fund space and which we expect will continue for some time,” said Justin Lowe, Managing Director. “The UCITS standard provides an investor-friendly alternative to the traditional offshore hedge fund structure. If these trends continue, we would anticipate launching additional products on the UCITS platform in the future.”

“Today’s hedge fund investors are highly focused on liquidity, transparency and stability. They are still looking for uncorrelated returns, but they are much more sensitive to the structural and operational aspects of their investments,” said Trevor Uhl, Managing Director.

The new UCITS offering will follow the investment process which the firm’s portfolio managers have refined through over 50 years of collective experience allocating to hedge funds. Research is focused on an in-depth assessment of the manager’s strategy and risk appetite, and will also consider factors that are unique to UCITS – including any adaptations that have been made to the manager’s strategy to fit the UCITS guidelines. In addition, the high liquidity of the underlying UCITS investments will allow the portfolio to be actively managed in response to changes in the market.

“During the past few decades we have seen the industry evolve and change considerably, and we have adapted our approach over the years in an attempt to enable our clients to benefit from these changes. Through it all, we continue to offer our clients a high level of transparency, personalized service and full access to our investment professionals,” said Amanda Haynes-Dale, Managing Director.

Pan Reliance Capital Advisors

Press Release


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. U.S. hedge funds prepare for worst finish this year since 2008[more]

    Komfie Manalo, Opalesque Asia: U.S.-focused hedge funds are preparing for their worst year since the 2008 global financial crisis, following a series of letdown including the market sell-off in August and the sell-off in healthcare and biotechnology sectors last month, reported

  2. Investing - AQR Capital and Renaissance Technologies raise stakes in Southwest Airlines[more]

    From In the previous part of this series, we saw how institutional investors played Southwest Airlines (LUV) in 2Q15. Now let’s move on to the trades executed by key hedge funds in Southwest Airlines over the same period. … Most of the hedge funds that had significant exposu

  3. DoubleLine’s Jeffrey Gundlach warns of another round of market shakedown[more]

    Komfie Manalo, Opalesque Asia: DoubleLine Capital co-founder Jeffrey Gundlach is painting a bleak future as he warned that the U.S. equity market and other risk markets, such as high-yield "junk" bonds, are facing another round of selling pressure. Gundlach said in an interview with

  4. A hedge fund strategy that seems to have fizzled[more]

    From The hedge fund strategy that has attracted the most money this year is on course to cause some of the biggest losses for investors, in the latest example of the dangers of going with the crowd. Institutions and individuals have piled an estimated $20 billion (Dh73 billion) into ma

  5. Hedge fund Barnegat survives September’s market selloff[more]

    Komfie Manalo, Opalesque Asia: Bob Treue’s $679 million Barnegat Fund proved resilient after another month of market letdown as the hedge fund gained 2.2% last month, bringing its year-to-date gains to 2.8%. Treue said in his monthly report to i