The UCITS wrapper has become essential for investors as it has
become increasingly harder to market offshore hedge funds,
according to Daniel Leveau from Wegelin Asset Management -
which is part of the Swiss private bank.
Daniel Leveau from Wegelin Asset Management
But it is also important to highlight that UCITS hedge
funds are not a holy grail, Leveau adds.
He says: "As some illiquid strategies cannot be implemented
within the UCITS framework so there will always be a place
for offshore vehicles.
"The well known events...