Alceda wants smaller funds on its platform
Mon Nov 29, 2010
Alceda Fund Management of Luxembourg says it wants to attract smaller and medium sized hedge fund managers for its UCITS platform.
Platforms run by banks usually only consider funds that are
more than $250 million in assets or funds that they think can
gain those assets under management fairly quickly - which
usually results in small niche hedge fund managers being under
serviced, company officers believe.
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