Friday, 9 October 2015
Last updated 28 min ago
Apr 27 2010 | 2:29am ET
LGT Capital Partners’ first UCITS III-compliant hedge fund is set to launch early next month.
The Crown Managed Futures Ucits Fund will debut on May 4, Hedge Funds Review reports. In addition to being the Pfäffikon, Switzerland-based firm’s first UCITS offering, it is also to be the first UCITS-compliant managed futures fund available in the U.K.
The new fund is based on LGT’s US$670 million Crown Managed Futures Fund. LGT is seeding the vehicle, which will charge 1.5% for management and 7.5% for performance, with US$20 million. There is a US$10,000, €10,000 or £10,000 minimum investment.
Oct 7 2015 | 4:57am ET
Charity A Leg To Stand On (ALTSO) will hold its 12th Annual Hedge Fund Rocktoberfest – NYC on October 15 and its 4th Annual Rocktoberfest - Chicago on October 22. Read more…