Alceda’s new Singapore shop eyes Asian UCITS franchise

Mon May 23, 2011

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Independent service provider Alceda Fund Management has established a rep office in Singapore in a bid to win UCITS mandates from Asian managers.

The Luxembourg-based company currently has $6 billion of assets under administration, of which $4 billion are under its UCITS platform and of which approximately 50% are parked in absolute return fund strategies.

Hamid Parsa, the director for sales and business development says his group is now looking...


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