Mon, Aug 29, 2016
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. Strategies - The 'Holy Grail' hedge fund strategy to handle a black swan the size of World War I, Hedge funds get more pushback on terms as enthusiasm for strategy wanes[more]

    The 'Holy Grail' hedge fund strategy to handle a black swan the size of World War I From IBTImes.co.uk: To illustrate a strategic gap common to today's portfolio managers, George Sokoloff, PhD, founder and CIO at Carmot Capital, proposes an interesting thought experiment – a breakdown of

  2. Institutional investors - Investors set to increase allocation to private debt, With investment income key, Richmond retirement system faces funding challenges[more]

    Investors set to increase allocation to private debt Investors are set to increase their allocation to private debt, with 60% revealing they believe the private debt market will grow over the next 12 months, according to a new study by Elian, a leading funds services provider. 41%

  3. Investing - Hedge funds snap up banks, unload Apple, Some of hedge funds' favorite stocks are finally starting to beat the market, Einhorn's Greenlight shifts positions, Treasury yield climbs to two-month high as Fischer joins hawks, 9 stocks smart investors put their money in last quarter[more]

    Hedge funds snap up banks, unload Apple From Barrons.com: Prominent hedge funds have a newfound love of big banks, and some have a distaste for shares of Apple, regulatory filings released last week show. The filings suggest that the funds have been pivoting their portfolios in recent mon

  4. Chesapeake energy seeks $1 billion loan to refinance debt[more]

    From Bloomberg.com: Chesapeake Energy Corp. is seeking a $1 billion loan as the company battered by cratering fuel prices and credit downgrades takes a step to address its $9 billion debt load. The natural gas producer hired Goldman Sachs Group Inc., Citigroup Inc. and Mitsubishi UFJ Financial Group

  5. Institutions - Nordic pension funds magnify focus on unlisted and direct investing, building up teams[more]

    From IPE.com: As bond yields remain at low or negative levels, pension funds and other institutional investors in the Nordic region are stepping up efforts to find higher returns by adding more unlisted investments to portfolios and are expanding in-house teams in order to do this, according to new