Thursday, 26 November 2015
Last updated 15 hours ago
Mar 2 2010 | 4:30am ET
RWC Partners has carved a niche for itself as a major manager of UCITS III-compliant hedge funds, and the London-based firm has no intention of giving that up as UCITS funds become big business.
The firm plans to launch a UCITS-complaint version of every new hedge fund it launches, wherever possible.
“As long as the hedge fund can be run with the liquidity of UCITS, and can be clearly articulated to a retail audience, then that is what we would do,” Daniel Mannix, head of business development, told Investment Week.
“It is very important on a five-year view of regulation to offer regulated long/short funds,” he added. “There is huge flexibility allowed under UCITS III.”
RWC Partners, which is owned and controlled by the portfolio managers and management team, manages assets of over $2.5 billion. Of that, over $1.5 billion is in UCITS funds.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…