LGT To Launch UCITS Fund In May

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.

In Depth

Related-Company Fees: Normal Industry Practice or Conflicted Compensation?

Nov 11 2015 | 4:23pm ET

Regulatory agencies as well as investors are increasingly exploring whether certain...


Ferrari Roars in Wall Street Debut

Oct 21 2015 | 4:28pm ET

Shares of supercar maker Ferrari jumped as much as 15 percent to a high of nearly...

Guest Contributor

Private Debt - What is the Opportunity?

Nov 11 2015 | 3:28pm ET

In this contributed article, Rob Allard, founding partner of Firebreak Capital...


Editor's Note

    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…