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

Q&A: Reg A+ Will Transform the Alternative Asset Landscape

Jul 7 2015 | 4:03pm ET

In addition to easing capital formation for small companies, Regulation A+ has enormous...

Lifestyle

Fiat Chrysler Files Paperwork For Ferrari IPO

Jul 23 2015 | 5:05pm ET

Italian sportscar maker Ferrari has taken a step closer to a stock market listing...

Guest Contributor

Lifting of Foreign Ownership Limits Signals Sea Change in Vietnam's Capital Markets

Jul 28 2015 | 3:01pm ET

The lifting of restrictions on foreign ownership limits in Vietnam later this year...

 

Editor's Note