Key Plans UCITS Fund Of Hedge Funds

Aug 19 2010 | 1:34pm ET

Fund of hedge funds shop Key Asset Management is getting on the UCITS III bandwagon.

The London-based firm plans to launch its first UCITS-compliant in October, HFMWeek reports. The fund will offer daily liquidity and have no maximum capacity, at least initially, Chris Jones, the firm’s chief investment officer, said.

“We have definitely perceived a need, especially in the high-net worth area,” he said. “Clients want the comfort of a UCITS stamp, as well as the liquidity that can be offered by UCITS.”

While the unnamed fund is Key’s first, the firm’s parent, Swedish bank SEB, already offers several UCITS-compliant hedge funds, and Key’s effort is “well-supported by SEB,” Jones said.

In Depth

The Importance of Stability in the Evolving Hedge Fund Administration Market

Oct 5 2015 | 8:17pm ET

Hedge fund administration has evolved from simple record keeping to an integral,...


Citadel Supports Manhattan Real Estate With Record Deal

Sep 16 2015 | 3:04pm ET

Never count hedge funds out of a big property deal. The Manhattan real estate market...

Guest Contributor

Hedge Fund Marketing To Independent RIA Firms

Sep 30 2015 | 1:56pm ET

In this contributed article, Bruce Frumerman of Frumerman & Nemeth Inc. explains...


Editor's Note

Upcoming Events