Thursday, 24 July 2014
Last updated 1 hour ago
Nov 30 2010 | 8:10am ET
London-based European equities specialist SAM Capital Partners will launch a UCITS version of its SAM Capital Equity Opportunity Fund via SEB Prime Solutions.
Launched in mid-September 2010, SEB Prime Solutions is an arm of the Nordic financial group SEB and an umbrella SICAV platform for alternative investment managers' UCITS funds. The platform offers the necessary legal structure, risk management and administration services to facilitate the launch and marketing of these funds.
SAM Capital expects to benefit from increased institutional interest in on-shore alternative investment solutions which fit within the UCITS regulatory framework. The SAM Capital Equity Opportunity Fund was launched in September 2007 and uses a short-term equity trading strategy, trading in large-cap European stocks. The fund uses equities and equity index futures to generate returns from short-term market trends in a portfolio based on the most liquid European large-cap stocks.
Dietmar Schmitt, SAM Capital founder and CIO says: "We have thought about launching a UCITS fund for some time now since our trading strategy sits very comfortably within the UCITS rules. We selected SEB’s platform on the basis of our strong, established relationship with them, their strength of reputation with European investors and their ability to enable us to reduce operational costs when replicating our SAM Capital Equity Opportunities Fund within UCITS."
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…