Matrix To Offer UCITS Version Of Eastern Europe Hedge Fund

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.


In Depth

FINtech Focus: Fundbase Aims To Revolutionize Access To Hedge Funds

Jan 23 2015 | 11:03am ET

Global investment in financial technology—also known as fintech—is booming....

Lifestyle

Looking For A Hedge Fund Manager? Try Davos

Jan 28 2015 | 8:48am ET

Davos, Switzerland seems to have become the hedge fund capital of the world—at...

Guest Contributor

From Switzerland With Love: Some Hard Truths About Central Banks And Risk

Jan 23 2015 | 7:54am ET

In the wake of the Swiss National Bank uncoupling the country’s currency from...

 

Editor's Note