Monday, 27 April 2015
Last updated 36 min 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.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…