Fund launches & closures

MS teams up with SLJ Macro for new macro UCITS launch

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Morgan Stanley has made a new addition to the roster of UCITS-compliant absolute return strategies on its Irish UCITS platform with the launch of a new fund run by former BlueGold macro strategist and Morgan Stanley FX research head Stephen Jen’s SLJ Macro Partners.

The MS SLJ Macro UCITS Fund, which is launching under the firm’s FundLogic Irish UCITS umbrella, will provide investors with exposure to a global macro strategy that is focused mainly, but not exclusively, on foreign exchange markets.

The fund will be managed by SLJ, a UK-based firm co-founded by Jen and former Morgan