Spectrum, Merchant Offer UCITS Russia Fund

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.


In Depth

U.S. Treasury Moves on Reinsurance Loophole

Apr 24 2015 | 5:11pm ET

The U.S. Treasury Department has released proposed rules aimed at limiting the ability...

Lifestyle

Artivest Announces Funding Round Led by KKR & Co.

May 4 2015 | 9:56am ET

Artivest, a startup that provides individual investors with access to private equity...

Guest Contributor

Starting a ‘40 Act Fund Family? Don’t Forget Your Board

Apr 30 2015 | 7:18am ET

The convergence of the hedge fund and mutual fund worlds continues unabated, as...

 

Editor's Note