UBS Liquid Alpha Platform has launched a UCITS-compliant sub-fund managed by New York-based Visium Asset Management.
The LAMP Visium Global Fund, which has $24.3 million assets under management, is a UCITS version of the Visium Global strategy, with an
emphasis on sector-specific US long/short equity portfolios.
The hedge fund is active in a variety of fundamental equity long-short sectors – TMT, utilities, financials, industrials, energy consumer, healthcare and value – macro, credit and quantitative and arbitrage strategies.
The credit and macro strategies are not used in the UCITS-compliant structure, which was unveiled last month, as it uses the most liquid strategies.