Absolute return UCITS funds do not represent competition to
hedge funds but are a complementary offering, according to
Fabrice Cuchet from Dexia Asset Management.
Cuchet, chief investment officer of alternatives at
Paris-based Dexia, also says the UCITS legislation will not
replace hedge funds.
Fabrice Cuchet: Dexia Asset Management
He adds: UCITS are always developing. The fourth version
is about come into force and discussions about UCITS V have
started. For alternative...