Institutional Investors

UCITS wrapper becoming essential, says Wegelin

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The UCITS wrapper has become essential for investors as it has become increasingly harder to market offshore hedge funds, according to Daniel Leveau from Wegelin Asset Management – which is part of the Swiss private bank.

Daniel Leveau from Wegelin Asset Management


But it is also important to highlight that UCITS hedge funds are not a holy grail, Leveau adds.

He says: “As some illiquid strategies cannot be implemented within the UCITS framework so there will always be a place for offshore vehicles.

“The well known events impacting the investment industry over the last couple of years