German platform launches UCITS version of Lion merger arbitrage strategy

Wed Aug 18, 2010

A European UCITS version of US-based York Asset Management's Lion Fund, which uses merger arbitrage strategies, has been launched on Germany’s Universal-Investment alternative investments platform.

The York Lion Merger Arbitrage Liquidity Fund UI is one of the first global merger arbitrage strategies in a UCITS fund format in Europe, according to Bernd Vorbeck, spokesman of Universal-Investments, which has nine funds on...

ISSN: 2151-1845 / CDC10004H

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