Traxis May Launch UCITS Hedge Fund

Jul 23 2010 | 1:49pm ET

Traxis Partners may join the UCITS III bandwagon.

The New York-based hedge fund, headed by former Morgan Stanley chief strategist Barton Biggs, may launch a UCITS-compliant fund, The Wall Street Journal reports. Another New York-based hedge fund, Paulson & Co., is also launching a UCITS-compliant offering.

UCITS hedge funds have taken in about $100 billion, as hedge funds—primarily in Europe—scrambled to launch vehicles that will be exempt from the European Union’s proposed alternative investments regulations.


In Depth

Exotic Assets: Investing In Rare Violins

Jan 17 2017 | 4:43pm ET

By definition, alternative investments include exotic assets far beyond your typical...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

The Trump Administration: What It Could Mean for Carried Interest

Jan 19 2017 | 5:25pm ET

The arrival of the Trump administration brings the potential for a repeal of the...

 

From the current issue of

Often seen as a passion project, or part of a philanthropic venture, rare and fine stringed instruments offer an exciting option to diversify one’s investment portfolio while providing an opportunity for an exceptional long-term investment.