Wednesday, 24 August 2016
Last updated 13 hours ago
May 1 2014 | 5:06am ET
Schroders is set to add another big name to its UCITS hedge fund platform: Paulson & Co.
A regulatory-friendly version of Paulson’s merger arbitrage strategy will join Schroder’s GAIA platform following regulatory approval. The new fund will aim to track Paulson’s International Limited Fund.
Paulson joins Avoca Capital Management, Egerton Capital and Sirios Capital Management on the GAIA platform.
“We are very pleased to be partnering with Schroders and look forward to being able to offer our merger arbitrage capabilities to a wider audience via the strength of the Schroder GAIA distribution network,” John Paulson said.
Paulson currently offers a UCITS-compliant version of its flagship Advantage Fund on Deutsche Bank’s platform.