Martin Currie Readies Three UCITS Hedge Funds

Jul 26 2010 | 11:52am ET

Add Martin Currie to the list of firms rushing to put out UCITS III-compliant hedge fund products.

The Scottish money manager plans to launch a trio of the regulated retail funds in September, the Financial Times reports. One of the funds will focus on Japan, another on Europe and the third on natural resources.

The new funds still require approval of the U.K. Financial Services Authority.

Martin Currie currently offers seven hedge fund products with a total of US$1.3 billion in assets. The firm manages a total of US$16 billion.

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