Algebris Offers UCITS Fund On Morgan Stanley Platform

Jan 11 2011 | 6:01am ET

Algebris Investment is launching a UCITS III-compliant version of its long/short financial equities fund, becoming the fourth fund on Morgan Stanley’s UCITS platform.

The new fund is still fundraising, HFMWeek reports, and will not have a final launch total until this week. MS Algebris Global Financials will be managed by Algebris’ Davide Serra and Eric Halet.

“We believe the sector offers many opportunities for a long/short equity manager and in particular the UCITS fund we are launching in partnership with Morgan Stanley is based on the research process we have been successfully developing for the past four years,” Serra said.

Algebris said last month that it planned to launch UCITS version of the financials fund and its new contingent convertible bonds fund.

Morgan Stanley launched its FundLogic Alternatives UCITS platform in September.


In Depth

bfinance: Fees Falling Across Asset Classes, Yet Overall Investor Costs Still Climbing

May 16 2017 | 9:53pm ET

Despite unprecedented attention on fees, new research from investment consultancy...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Risk-Based Compliance: Why Oversight Of Outsourcing Is Critical

May 10 2017 | 7:02pm ET

Compliance is notoriously one of the trickiest middle office functions for funds...

 

From the current issue of