Wrappers / Structures

Alceda’s new Singapore shop eyes Asian UCITS franchise


Independent service provider Alceda Fund Management has established a rep office in Singapore in a bid to win UCITS mandates from Asian managers.

The Luxembourg-based company currently has $6 billion of assets under administration, of which $4 billion are under its UCITS platform and of which approximately 50% are parked in absolute return fund strategies.

Hamid Parsa: Alceda

Hamid Parsa, the director for sales and business development says his group is now looking to also host Asian managers in its UCITS platform and that he is “keen to meet many of them,” adding that Alceda remains