UCITS hedge funds need to improve their performance to become a viable alternative to their offshore counterparts, according to Charles Gowlland from Smith & Williamson in the UK.
Charles Gowlland from Smith & Williamson
Gowlland, director of investment management for the private client division of financial services firm Smith & Williamson, says every client has a certain set of needs and it does not recommend investments by fund structure. The private client arm of S&W represents the interests of family offices and high-net-worth individuals.
Gowlland adds: “UCITS are perceived to be safe because they are liquid, transparent, regulated and onshore....