Thu, Aug 17, 2017
A A A
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

BM

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: Albright Capital puts a value lens on emerging markets[more]

    Bailey McCann, Opalesque New York: Over the past decade, investors have steadily increased investments in emerging markets private funds. Allocations to the cohort have increased from $93 billion in December 2006 to $564 billion in September 2016, according to data from research firm Preqin. Howe

  2. Other Voices: Crisis risk offset; about time?[more]

    This article was authored by Russell Barlow, global head of hedge fund solutions at London-based Aberdeen Asset Management. Like the ubiquitous force of gravity, when financial markets rise they must fall. The quest

  3. Comment: "Long-Term Investing": What managing drawdown risk can do to your long-term returns[more]

    Matthias Knab, Opalesque: Real Investment Advice writes on Harvest Exchange: Last week, I was having lunch with a prospective portfolio management client discussing the curre

  4. Jasper Capital International joins Hedge Fund Standards Board[more]

    Komfie Manalo, Opalesque Asia: Diversified and systematic investment firm Jasper Capital International has become the second China-based signatory to the Hedge Fund Standards Board (HFSB), an organization that brings hedge fund managers and investors together to set standards for the hedge fund i

  5. Investing - Hedge-fund honchos including David Tepper are loading up on Alibaba, Billionaire hedge fund manager Stanley Druckenmiller is betting big on the Chinese consumer, Big-name U.S. hedge funds shed healthcare stocks during the rally in second-quarter, U.S. hedge funds bearish on FAANG stocks in second-quarter, Hedge fund titan Viking Global made a $680 million bet on scandal-plagued Wells Fargo[more]

    Hedge-fund honchos including David Tepper are loading up on Alibaba From CNBC.com: David Tepper's Appaloosa Management and three other he ge funds took new stakes in Chinese e-commerce giant Alibaba in the second quarter, according to the latest quarterly filings. Appaloosa disclos