Convergence between hedge funds and traditional asset management

Mon Sep 20, 2010


How UCITS is broadening opportunities


One of the most striking consequences of the enthusiasm shown for UCITS by institutional as well as retail investors has been an acceleration in the process of convergence between traditional long-only investment managers and the hedge fund community.

This process had been gathering momentum for some time, but has been galvanised in recent years. For managers with pedigree in the long-only world, the most recent incarnation of the UCITS directive has opened up a new vista of opportunities to offer their investors a range of more efficient absolute return products. That is just as well, for a number of reasons. Above all, in recent years retail investors have very justifiably started to question why they have effectively been shut out of strategies that deliver much-needed protection in falling markets.

The absurdity of a regulatory framework that confined small investors within a long-only straitjacket was perhaps best summed up in 2009...

TAKE A FREE TRIAL

This content is only available to HedgeFund Intelligence active subscribers and trialists.

To continue reading please, take a free trialsubscribe or log in to HedgeFund Intelligence.

Subscribe

Subscribers have unlimited access to all current content, including fund performance Live League Tables. Start your subscription today - click on the button below.

Subscribe now