Wednesday, 28 January 2015
Last updated 10 min ago
Apr 5 2011 | 10:23am ET
Matrix Asset Management is readying a UCITS III-compliant version of its New Europe fund for launch this quarter.
The London-based firm is in talks with several UCITS platforms about offering the long/short, Eastern Europe-focused hedge fund to retail investors. Dublin is the likely domicile for the new vehicle, Investment Week reports.
"We realized retail wanted absolute returns and the principles of capital preservation, but in a regulated UCITS III format," Matrix CEO Angus Woolhouse told IW.
New Europe invests primarily in countries such as Russia, Austria, the Czech Republic, Greece, Poland and Turkey. It is managed by David Thornton, who will also manage the UCITS hedge fund.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…