Austrian asset manager launches UCITS fund of hedge fund

Wed Nov 24, 2010

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Austrian alternative asset manager Erste Group is expected to launch its first UCITS hedge fund of funds in the first quarter of next year.

The fund is waiting for approval from the Austrian financial regulator where the fund is going to be domiciled. Once approved it is expected it will be called the Erste Alternative Diversified Fund.

The fund will...

ISSN: 2151-1845 / CDC10004H

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