Wednesday, 23 July 2014
Last updated 8 hours ago
Jul 6 2011 | 11:58am ET
Spectrum Partners has launched a UCITS III-compliant version of its Russian long/short hedge fund in partnership with Merchant Capital.
The Russian Phoenix Ucits Fund debuted last week and is the first of five new UCITS funds Merchant plans, the Financial Times reports. The Spectrum fund invests primarily in large-cap stocks, both in Russia itself and in other former constituents of the Soviet Union.
"Merchant Capital are able to bring funds to market much quicker than some of the larger platforms and have a good track record specifically with alternative products," Spectrum's Michael Kart said.
The new fund has a minimum investment requirement of £20,000.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…