SEB is planning to launch further absolute return UCITS
funds onto its German-domiciled platform following the launch
this week of a UCITS version of a long-running long/short
equity fund run by Tungsten Capital Management.
Frankfurt-based Tungsten is launching its new UCITS
fund on to the SEB Master Kapitalanlagesellschaft or KAG. The
KAG facilitates the launch and marketing of