Old Mutual Preps Dublin-Domiciled Mid-Cap Fund

Mar 9 2010 | 3:38am ET

Old Mutual Asset Managers will launch an on-shore version of its British mid-cap hedge fund in May.

The Old Mutual UK Specialist Absolute Return Fund will use the same strategy as Old Mutual’s UK Specialist Equity fund. It will be domiciled in Dublin.

“Absolute return funds are an increasingly important part of the investment universe as investors look to diversify their portfolios and increase exposure to non-correlated assets,” Matthew Nagele, group managing director for distribution, said. “The launch of the fund will enable a broader audience to take advantage of OMAM's absolute return investment expertise within the mid and small-cap area of the U.K. equity market.”

The new fund will be managed by Luke Kerr, who heads Old Mutual’s UCITS III-compliant UK Dynamic Equity.


In Depth

Fundraising for Mid-Sized PE Funds: Should You Use a Registered B/D?

Dec 6 2016 | 7:18pm ET

When does a fund sponsor need to use a registered broker/dealer when raising capital...

Lifestyle

Trump Attends 'Villains and Heroes' Costume Party Dressed As...Himself

Dec 5 2016 | 11:16pm ET

U.S. President-elect Donald Trump attended a "Villains and Heroes" costume party...

Guest Contributor

Nowhere to Hide: Why the Future of Asset Management Depends on Innovation

Nov 15 2016 | 6:55pm ET

Information technology has reshaped the asset management industry’s periphery,...

 

From the current issue of

Since the inception of Modern Trader, a core editorial theme has centered on the wisdom and power of crowds. Editorial emphasis has focused on companies and projects engaged in the collection and analysis of information. 

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR