Harcourt Launches UCITS Fund Of Hedge Funds

Jun 4 2010 | 8:32am ET

Alternative investment firm Harcourt Investment Consulting on June 1 launched a new UCITS fund of hedge funds—the Vonda UCITS Fund.

The new vehicle will invest in 10-15 managers—with a focus on those running managed futures or global macro strategies. It has a target return of Libor + 4% p.a. over a business cycle and a target volatility between 6% and 8% p.a.

Vonda UCITS was seeded with $60 million and has already received additional commitments of $50 million.

Switzerland-based Harcourt has approximately $4.5 billion in assets under management.


In Depth

FINtech Focus: Fundbase Aims To Revolutionize Access To Hedge Funds

Jan 23 2015 | 11:03am ET

Global investment in financial technology—also known as fintech—is booming....

Lifestyle

Looking For A Hedge Fund Manager? Try Davos

Jan 28 2015 | 8:48am ET

Davos, Switzerland seems to have become the hedge fund capital of the world—at...

Guest Contributor

From Switzerland With Love: Some Hard Truths About Central Banks And Risk

Jan 23 2015 | 7:54am ET

In the wake of the Swiss National Bank uncoupling the country’s currency from...

 

Editor's Note