Friday, 29 April 2016
Last updated 13 min ago
Feb 25 2013 | 11:53am ET
Morgan Stanley has added Mesirow Financial's macro commodities strategy to its suite of UCITS-compliant commodity-trading advisors.
The bank said today that it launched the MS Discretionary Plus UCITS Fund as part of its joint-venture with Equinox Fund Management. The new fund offers exposure to Mesirow's Absolute Return Plus Strategy and is the fourth and final vehicle in the Equinox CTA program.
"We are delighted by the fourth successful UCITS launch with our partner, Morgan Stanley," Equinox's Michael Serieyssol said. "Mesirow is a terrific addition to the FundLogic Alternatives Platform, providing investors with a strong diversification tool in Mesirow’s commodity-focused macro approach. Overall, we could not be any happier with the quality and breadth of the CTA offerings we have brought to the market with Morgan Stanley.”