Wednesday, 30 July 2014
Last updated 3 hours 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.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…