Monday, 30 November 2015
Last updated 2 days 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.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…