Private banking industry looks to UCITS
Wed May 18, 2011
The private banking industry is rebuilding its alternative
fund offering by using the opportunities created by absolute
return UCITS, according to Eric Personne from Bank of America
Merrill Lynch Investment Solutions UCITS SICAV has strong
sales from private banks’ and fund of funds
investors, according to Personne, head of EMEA Equity
Structuring and Fund Solutions.
He adds: "The private banking industry has suffered a bad
experience with hedge funds and funds of hedge funds during the
crisis, and is still dealing with the consequences of...
ISSN: 2151-1845 / CDC10004H
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