Tue, Jul 7, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Morgan Stanley launches Asia UCITS fund with Dalton Investments

Monday, July 22, 2013
Opalesque Industry Update - Morgan Stanley announced the launch of a new fund, the MS Dalton Asia Pacific UCITS Fund (the “Fund”), under its FundLogic Alternatives plc umbrella. The Fund provides exposure to Dalton’s Asian equity capabilities and will invest across the Asia Pacific region in a long/short format. The FundLogic platform currently has more than $1bn in assets under management and, with this latest addition, now offers UCITS investors a diversified range of 20 funds. Longchamp Asset Management has been appointed as the sole distributor of the Fund.

“We are excited to provide UCITS investors access to Dalton’s expertise in Asian equities. Dalton complements our existing offering by extending our coverage of the Asia Pacific Region”, said Stephane Berthet, Head of the FundLogic Alternatives Platform, at Morgan Stanley. Dalton Investments LLC was established by James Rosenwald and is a recognised authority in Pacific Rim investing, with over 30 years of investment experience. It currently has over $1.2bn in assets under management within Asia.

James Rosenwald commented: “The FundLogic Platform aligns with Dalton’s interests – providing a first class service with its stringent risk management and operational expertise. We are delighted by this opportunity to partner with Morgan Stanley, in launching the MS Dalton Asia Pacific UCITS Fund.”

David Armstrong, President and Founder of Longchamp Asset Management, added: “Dalton has an exceptional strength in the Asian markets. Their experienced, multi-cultural, on the-ground investment team gives them an edge in alpha generation. The Strategy emphasizes value investments: investing with long-term, disciplined, rigorous bottom-up analysis. Dalton looks to go long deep value opportunities, with strong alignment of interest, and short companies with declining catalysts. They prioritise the management of risk, concentrating on capital preservation, whilst focusing on a longer term investment perspective.”

FundLogic is the brand name for Morgan Stanley’s fund solutions platform launched in 2006. It offers both UCITS and non-UCITS funds. 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 passive index funds, structured funds and the more recently launched third party manager- UCITS funds.

Press release

bc

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: New systematic strategy managed alongside research firm outperforms S&P500[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: An emerging CTA manager explains how he runs his strategy, which is based on an index produced by a research firm. Peter Turk is head of

  2. Opalesque Exclusive: New systematic strategy embraces machine learning[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: The founder of a New York-based systematic trading firm, which offers a hybrid between alpha strategies and alternative feta at lower fees, describes his approa

  3. Larry Robbins' hedge fund Glenview buys 1m Tenet Healthcare shares[more]

    Komfie Manalo, Opalesque Asia: Glenview Capital Management said it bought an additional 979,482 shares at Tenet Healthcare Corp valued at $53.80 million, raising its stakes in the healthcare services company to 15.16%, reported

  4. Legal - Grayson’s hedge funds under scrutiny for possible ethics violations, Court rejects hedge fund’s motion to block merger of Samsung affiliates[more]

    Grayson’s hedge funds under scrutiny for possible ethics violations From Freebeacon.com: Rep. Alan Grayson is finding himself in hot water over managing hedge funds that bear his name, actions that are in possible violation of House ethics rules. Sitting members of Congress are prohibite

  5. Hedge funds decline in June as stocks tumble on Greek woes[more]

    From Bloomberg.com: Hedge funds posted losses across strategies last month as uncertainty over whether Greece will remain in the euro sent global stock markets tumbling. Winton Capital Management declined about 3.1 percent in June in its $12.1 billion Winton Futures Fund, leaving it down 1.9 percent

 

banner