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

Royalties: The Alternative Assets of the Music Industry

Jul 8 2016 | 7:01pm ET

Recent market volatility has investors seeking greater insight into alternative...

Lifestyle

Vortic: Making Great American Watches Again

Jul 25 2016 | 6:29pm ET

If you are compelled by stories of entrepreneurial vision & drive, or simply...

Guest Contributor

MPI: Like Stellar Returns? Better Understand the Risks First

Jul 22 2016 | 8:44pm ET

When the press reports extraordinarily strong relative or risk-adjusted returns...