Fri, Dec 9, 2016
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. Institutions - Texas County & District culls 5 hedge funds, reallocates to existing managers, Kentucky board gives final approval to halve hedge fund portfolio, $38bn Finnish fund moves assets to U.S. as Europe flounders, South Korea’s National Pension Fund holds 5% stake in 62 listed companies[more]

    Texas County & District culls 5 hedge funds, reallocates to existing managers Texas County & District Retirement System, Austin, continues to reduce the number of hedge funds, but not the size of its $6.2 billion hedge fund portfolio. It will redeem a total of $760 million from five hedg

  2. Opalesque Roundtable: Australian family offices search for good risk adjusted returns, happy to pay for skill[more]

    Komfie Manalo, Opalesque Asia: Australian family offices want foremost good risk adjusted returns, and they are happy to pay for the skill, and in some cases, the limited capacity of an active manager. Jonas Daly, Head of Distribution at B

  3. StepStone announces close of Swiss Capital acquisition[more]

    StepStone Group LP announced it has successfully closed the acquisition of Swiss Capital Alternative Investments AG, one of the leading private debt and hedge fund solutions providers in Europe. The transaction was originally announced in May 2016, and has been in the process of receiving regulatory

  4. Investing - Stephen Cohen investing $275m in free clinics treating veterans' mental health issues, California Resources loses favor with hedge funds[more]

    Stephen Cohen investing $275m in free clinics treating veterans' mental health issues From Healthcarefinancenews.com: …Now, a new chain of free mental health clinics for vets has opened in five cities across the United States to fill the gap. The much-needed new treatment is underwritten

  5. Hedge funds flat in last week of November 'in sympathy with markets’[more]

    Komfie Manalo, Opalesque Asia: Hedge funds were close to flat in the last week of November in sympathy with markets, which took a pause ahead of the OPEC meeting and Italian referendum. The Lyxor Hedge Fund Index was -0.1% as of end November 29 (-1.7% YTD), according to the latest